The Bonds issued to the Bondholders, along with promises to repay the principal and interest coupons to the Bondholders in accordance with the terms agreed during the Bonds purchase.
Government Bonds are securities in the form of debt acknowledgement letters denominated in Rupiah and foreign currencies, that are guaranteed interest and principal payments by the Republic of Indonesia, in accordance with the validity period.
Maybank Indonesia currently markets or distributes 2 types of Bonds:
The Bonds issued by the Government of the Republic of Indonesia within a certain period of time in Rupiah denominated with fixed coupons, in which case, the issuer guarantees the return of principal during maturity in addition to regular payment of the coupons.
Consists of 5 sub-categories:
* Special for Sukuk Savings and Saving Bonds Retail, they cannot be traded in the Secondary Market.
The Bonds issued by the Government of the Republic of Indonesia are guaranteed by the Laws of the Republic of Indonesia number 24 of 2022 concerning Government Bonds. The Law stated that the Government of the Republic of Indonesia guarantees payment of interest and its principal in accordance with its validity period.
The Customers/investors can disburse Bonds at any time in accordance with market prices. The Customers/investors can conduct Bonds sale and purchase transactions through secondary market mechanism, except for Sukuk Savings (ST) and Saving Bonds Retail (SBR).
The Customers/investors will get regular income in the form of coupons, that will be paid directly to the Customer's account at an amount specified in the beginning.