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

Photo: Aris Nurjani/VOI

Rabu, 28 Februari 2024 - 12:47 WIB

Carsurin and NBRI Strengthen Strategic Alliance to Propel Indonesia’s EV Industry

PT Carsurin Tbk ("Carsurin") and the National Battery Research Institute ("NBRI") are pleased to announce the signing of a pivotal Strategic Alliance Agreement (SAA), marking a significant advancement…

Beras (Foto/Rizki Meirino)

Rabu, 21 Februari 2024 - 08:43 WIB

Gov’t to Continue Disbursing Rice Assistance

President Joko “Jokowi” Widodo has ensured that the Government will continue rolling out the rice assistance program for low-income families. The President made the statement when handing…

Ilustrasi pabrik beras. (Foto: DetikFood)

Rabu, 21 Februari 2024 - 08:40 WIB

Bapanas Head Ensures Availability of Rice Stock Ahead of Ramadan

The National Food Agency (Bapanas) has ensured the availability of rice for the fasting month of Ramadan and Eid al-Fitr 1445 Hijri/2024 CE. “We believe that there is enough rice for the fasting…

Receives Chairman of Jababeka (KIJA), Menpora Dito Ready to Support the Development of Sports SEZs

Rabu, 21 Februari 2024 - 08:23 WIB

Receives Chairman of Jababeka (KIJA), Menpora Dito Ready to Support the Development of Sports SEZs

Chairman of PT Jababeka Tbk (KIJA), Setyono Djuandi Darmono met the Minister of Youth and Sports of the Republic of Indonesia (Menpora RI) Dito Ariotedjo at the Kemenpora RI Office, Senayan,…

The Indonesian Embassy in Cairo Receives Aid for Palestine

Senin, 19 Februari 2024 - 17:39 WIB

The Indonesian Embassy in Cairo Receives Aid for Palestine

The Indonesian Embassy in Cairo welcomes the Radjiman Wedyodiningrat Warship (RJW-992) which arrived at the Al Arish Port, North Sinai Province of Egypt at 8.00 A.M. Cairo local time (13/02).…