Jakarta, CNBC Indonesia – The government has just issued retail securities in the form of retail savings bonds, namely the SBR013T2 and SBR013T4 series. People who buy this will enjoy higher profits from deposits in banking.
Director of State Debt Securities, Directorate General of Financing and Risk Management, Ministry of Finance, Deni Ridwan, said that the profits were more than deposits because the income tax (PPh) imposed was only 10%, while the PPh on deposits was around 20%.
Apart from that, the yield or coupon offered will be above Bank Indonesia's benchmark interest rate or BI Rate, with the potential to increase if the BI Rate rises, but if the BI Rate falls it will remain the same because the minimum coupon has been set.
For information, the coupon for SBR013T2 has a tenor of 2 years with a yield or coupon offered of 6.45% and SBR013T4 6.60%. The type of coupon is floating with a minimum coupon level (floating with floor).
“So this is certainly very interesting,” said Deni at a press conference in Jakarta, Monday (10/6/2024).
The SBR is intended for individual Indonesian citizens (WNI) with orders starting from IDR 1 million. However, this SBR has a maximum order limit, namely IDR 5 billion for SBR013T2 and for SBR013T4 the maximum order is IDR 10 billion.
Special Profit Simulation for SBR013T2 per month:
A purchase of IDR 1 million will get a net coupon per month worth IDR 4,838, because the monthly coupon produces IDR 5,375 with a 10% tax deduction of IDR 537.
A purchase of IDR 10 million will get a net coupon per month worth IDR 48,375, because the monthly coupon produces IDR 53,750 with a 10% tax deduction of IDR 5,375.
A purchase of IDR 500 million will get a net coupon per month worth IDR 2,418,750, because the monthly coupon produces IDR 2,687,500 with a 10% tax deduction of IDR 268,750.
A purchase of IDR 5 billion will get a net coupon per month worth IDR 24,187,500, because the monthly coupon produces IDR 26,875,000 with a 10% tax deduction of IDR 2,687,500.
Simulation of SBR013T4 Special Benefits per month:
A purchase of IDR 1 million will get a net coupon per month worth IDR 4,950, because the monthly coupon produces IDR 5,500 with a 10% tax deduction of IDR 550.
A purchase of IDR 100 million will get a net coupon per month worth IDR 495,000, because the monthly coupon produces IDR 550,000 with a 10% tax deduction of IDR 55,000.
A purchase of IDR 1 billion will get a net coupon per month worth IDR 4,950,000, because the monthly coupon produces IDR 5,500,000 with a 10% tax deduction of IDR 550,000.
A purchase of IDR 10 billion will get a net coupon per month worth IDR 49,500,000, because the monthly coupon produces IDR 55,000,000 with a 10% tax deduction of IDR 5,500,000.
“This is designed like a deposit so that people are familiar with the longer tenor of 2 years to 4 years. Hopefully it will be easier to get people to migrate because the government wants to shift from people who save to people who invest,” stressed Deni.
[Gambas:Video CNBC]
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