Easy way to purchase government bond series ST010 at M2U ID App

31 May 2023

Invest Sukuk Tabungan in 1 Application

How To Open Sukuk Tabungan

The Government of Indonesia has issued the ST010 series government bond , which are Green Sukuk Retail as an investment instrument whose purchases can be accessed online. Maybank Indonesia through the M2U ID App was appointed as one of the official online SBN distribution partners by the Indonesian Ministry of Finance

This initiative aims to provide convenience for individuals who want to invest safely & easily through government bonds through digital platforms. The ST010 Series government bond is a Retail Green Sukuk that provides opportunities for retail investors to participate in funding projects that are sustainable and environmentally friendly.

Government bonds series ST010 issued in 2 different kinds ST010-T2 and ST010-T4. ST010-T2 is a government bond that has a 2-year tenor with a yield rate of 6.25% p.a gross, while the ST010-T4 series has a 4-year tenor with a yield rate of 6.4% p.a (per annum) gross. Where the applicable tax is 10%.

One of the easy ways to purchase the government bond series ST010 which is an investment instrument in the form of bonds based on Sharia principles can be made at the nearest Maybank Indonesia branch or you can also invest in ST010 practically through the M2U ID App. M2U ID App is a digital banking application that is always present to make it easy for customers to carry out all types of financial transactions such as buying government bonds series ST010. This can provide high comfort and accessibility for investors. For more information about the ST010 Series Savings Sukuk, click here.

To purchase the government bond series ST010 through the M2U ID App, you can take the following steps:

  1. Download and install the M2U ID App on your smartphone device.
  2. Register for a SID on the M2U ID App. After successfully registering the SID, register for e-SBN. To find out detailed information about SID and e-SBN registration, see the complete guide on this page.
  3. Order SBN on the M2U ID App by following these steps:
    • Login to the M2U ID App then click the navigation menu in the upper left corner of the screen on the account view.
    • Select 'Investment & Insurance'.
    • Click the '+' button and select 'SBN'.
    • Select and click the yellow '+' button for the SBN product you want to order (ST010). Click (i) for detailed product info.
    • Select a fund source account that has previously been registered
    • Fill in the nominal value of the SBN order and then click 'Continue'.
    • Read and tick to agree to all terms then click 'Continue'.
    • Verify your order details then click 'Confirm & request TAC'
    • Enter the Secure2u passcode / TAC code.
    • Your SBN order was successful. Then click 'Done'.

 

With the M2U ID App , buying ST010 Series government bonds becomes easier and faster. Through the M2U ID App, you can buy Retail Bonds and other investments online anywhere and anytime.

Start investing with Maybank Indonesia through the M2U ID App , now!