This is how to invest ORI018 easily, the coupon is 5.7% per year

KONTAN.CO.ID – JAKARTA. The government through the Ministry of Finance (Kemenkeu) will immediately offer Retail State Bonds (ORI) on October 1, 2020. This time, the Ministry of Finance is offering ORI series 018. How to invest in ORI018 ?:

Offer ORI018 will run from 1 October 2020 to 21 September 2020. reward rate or yield ORI018 reaches 5.70% per year.

The ORI018 coupon amount is fixed rate until the maturity date arrives on October 15, 2023. Meanwhile, investors can order ORI018 starting with a nominal value of IDR 1 million to IDR 3 billion.

Investors who buy ORI018 will get ORI018 coupon payments on the 15th of each month. The ORI018 Coupon will be paid first on December 15, 2020.

Also Read: ORI018 is still attractive if the yield is still in the 6% range

Then how do you buy and invest ORI018 with a 5.70% coupon per year? Here’s an easy way to make an ORI018 purchase through the following four steps:

Step 1. Register ORI018

Prospective Investor registration process through an Electronic System provided by Distribution Partners. The personal data needed in this case is the National Identity Card (KTP), Number Single Investor Identification (SID), Fund Account Number and Securities Account Number.

Prospective investors who do not yet have an SID number, fund account, or securities account will be assisted by a Distribution Partner.

You need to know, the SID Number is a single and special code issued by the Indonesian Central Securities Depository (KSEI) as the deposit and settlement agency.

Step 2. Order ORI018

After registration has been done, the next step is ordering ORI018 which includes the following methods:

• Open the online portal of your preferred distribution partner
• Read the terms in the Information Memorandum.
• Prepare Single Investor Identification (SID), fund accounts, securities accounts.
• Enter the nominal amount of ORI018 you want to buy.
• Make sure you receive the billing code and the order has been verified.

Step 3. Payment of ORI018

When the order has been verified, then do the following payment steps:

• Make a payment or deposit funds according to the nominal order ORI018
• You will then receive a payment code via email or sms according to the policies of each Distribution Partner.
• It should be noted, there is a maximum payment time limit for each ORI018 coupon purchase.

Step 4. Confirm ORI018 Payment

Also make sure you have received the State Revenue Transaction Number (NTPN) code

You will receive confirmation of ownership of ORI018 after the offering period is over and after the government has carried out the issuance or settlement.

Confirmation of ownership of ORI018 will be delivered by distribution partners after 27 October 2020.

Also Read: Get ready ORI018 is offered starting tomorrow, here are the yield predictions

The Ministry of Finance is working with 26 distribution partners for ORI018. People who intend to invest can go through the online services of each Distribution Partner, which are as follows:

commercial banks

• Mandiri Bank,
• Bank BCA,
• Bank BNI,
• Bank BRI,
• Bank BTN,
• Bank CIMB Niaga,
• Permata Bank,
• Bank Maybank Indonesia,
• Panin Bank,
• Bank OCBC NISP,
• Bank HSBC,
• Bank DBS Indonesia,
• Bank UOB Indonesia,
• Bank Commonwealth,
• Bank Danamon Indonesia,
• Bank Victoria International.

Securities Companies

• PT. Trimegah Sekuritas Indonesia, Tbk.,
• PT. Danareksa Sekuritas, Tbk.,
• PT. Bahana Sekuritas, Tbk.,
• PT. Mandiri Sekuritas, Tbk.,

Special Securities Companies

• PT. Bareksa Investment Portal,
• PT. Star Capital Market (Tanamduit),
• PT. Nusantara Sejahtera Investama.

Financial Technology Company

• PT. Investree Radhika Jaya (Investree),
• PT. Mitrausaha Indonesia Group (Modalku),
• PT. Lunarla Annua Technology (Koinworks).

Before starting to invest in ORI018 it is necessary to pay attention to the following things:

• The ORI018 offering period with a 5.70% coupon starts at 09.00 WIB, on October 1, 2020.
• The ORI018 offering period with a 5.70% coupon ends at 10.00 WIB on October 21, 2020.
• The determination of the sales proceeds of ORI018 with a 5.70% coupon was decided on October 23, 2020.
• The settlement date or issuance of the ORI018 letter with a 5.70% coupon starts on 27 October 2020.
• Before circulating in the secondary market, ORI018 with a coupon of 5.70% will pass holding period one time coupon payment.
• Ownership of the ORI018 instrument with a 5.70% coupon can be transferred starting December 15, 2020.

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