Non-Tradable (Cannot be traded on the secondary market)

SBR (Saving Bond Retail)

SBR are State bonds that are sold to individuals or individuals of Indonesian Citizens through Distribution Partners in the domestic Primary Market which cannot be traded on the secondary market. The characteristics of SBR are the existence of a floating minimum rate and the existence of an early redemption facility.

Savings Sukuk (ST)

Savings Sukuk are SBSN which are individual investment savings of Indonesian Citizens offered in rupiah currency through distribution partners which are issued scriptless, non-tradable and transferable. As securities, ST is included in Government Bonds (SUN) derivatives of the type of bonds

Tradable (Can be traded on the secondary market)

ORI (Indonesian Retail Bonds)

ORI is the oldest retail bond ever issued by the Indonesian government. The first ORI with the ORI001 series was issued in July 2006. Usually, 1-2 ORIs are issued annually. According to analyst estimates, this three-year retail bond will offer a coupon of between 7%-8.75%. This yield is slightly different from deposit interest, which according to the Money Market Information Center averages 7.11% (1 month) and 6.8% (12 months).

Retail Sukuk (SR)

SR are state bonds that are sold to individuals or individuals of Indonesian citizens through distribution partners in the domestic primary market based on sharia. If you are looking for an investment product that is truly sharia-compliant, maybe SR is the answer because it has been guaranteed by the MUI.