BEI Notes Maybank Indonesia Bonds Rp645.5 Billion

By : Herry Barus And Aldo Bella Putra | Saturday, March 17 2018 - 23:00 IWST

Maybank Indonesia (Foto Ist)
Maybank Indonesia (Foto Ist)

INDUSTRY.co.id - Jakarta - Indonesia Stock Exchange (IDX) began listing second phase II bonds in 2018 issued by PT Bank Maybank Indonesia Tbk worth Rp645, 5 billion.

Head of the Trade Operations Division of BEI, Irvan Susandy in an official statement in Jakarta, Friday (16/3/2018) argued that the Maybank Indonesia Bank bonds were listed with interest rate of 7.15 percent for 5 years.

"The rating of the bonds from PT Pemeringkat Efek Indonesia (Pefindo) is idAAA (triple A) acting as trustee in this emission is PT Bank Mandiri (Persero) Tbk," he explained.

With the bond issuance, he added, the total bond and sukuk emissions that have been recorded during the year 2018 is 11 emissions from 10 issuers worth Rp21, 89 trillion. Thus, total emission of bonds and sukuk listed on BEI amounted to 355 emissions with total nominal outstanding of Rp402.55 trillion and 47.5 million US dollars, issued by 114 issuers.

Previously, Danareksa Securities Analyst Lucky Bayu Purnomo said that investors' interest in bonds or bonds instruments is still quite high amid declining stock market conditions.

"The instrument can be used as an asset protection tool because of its defensive nature. In the midst of the stock market conditions are decreasing the bonds can be an option," he said.

He said that good investor interest in bonds will trigger the issuance of bonds in the country rampant. Moreover, supported by investment grade rating (investment grade).

News Comment

Today's Industry

Cagub Jabar Kang Hasan (Foto Dok Industry.co.id)

Sabtu, 21 April 2018 - 15:30 WIB

Gathered together, Kang Hasan Listen to Cirebon Fisherman Complaints

Cirebon - Fishermen have an important function as the backbone of the national fishery industry, which requires optimal attention from the government. One of them related to the life of fishermen…

Ilustrasi Investasi Bodong (Foto Dok Industry.co.id)

Sabtu, 21 April 2018 - 15:00 WIB

Alert, Four Modes of Troubled Business Activities Harm the People

Jakarta - The Task Force on the Handling of Alleged Legal Actions in the Field of Funds Collection and Investment Management describes four modes of problematic business activity and potentially…

Ruang Terbuka Hijau Bandung (foto Ayobandung.com)

Sabtu, 21 April 2018 - 14:30 WIB

Losses From Alleged Corruption RTH Bandung Rp 26 billion

Jakarta - Indication of state losses from corruption allegation cases Land acquisition for Green Open Space (RTH) in Bandung city government in 2012-2013 reached Rp26 billion.

Ketua KPK Agus Rahardjo (Foto Dok Industry.co.id)

Sabtu, 21 April 2018 - 14:00 WIB

KPK Ensures Three Suspects of Bandung RTH Corruption

Jakarta - The KPK has assigned three suspects of corruption of Land Procurement for Green Open Space (RTH) in Bandung city government in 2012-2013.

Andi Narogong alias Andi Agustinus (Foto Ist)

Sabtu, 21 April 2018 - 13:30 WIB

Supreme Court Incriminates Punishment of Andi Narogong to Become 11 Years

Jakarta - Amar Supreme Court (MA) ruling states to aggravate the imprisonment for convicted cases of electronic ID card project, Andi Agustinus alias Andi Narogong to 11 years.