Environmental preservation is an important matter of global concern. In fact, countries are competing to "green" their various projects. The Indonesian government also supports environmental preservation, one of which is by issuing Green Sukuk on April 26th 2024, namely Surat Berharga Negara (SBN) series Sukuk Tabungan ST012 with a 4 year tenor, the funds of which will be used for green projects (government’s projects an effort to quell climate change).
Sukuk Tabungan is one of the investment products that is popular among Indonesian citizen, because it has various attractive characteristics, such as being sharia compliant and safe (the principal and returns are guaranteed by law). Also, ST012 has a floating with floor return type, where investors will enjoy return that can increase according to changes in Bank Indonesia’s interest, but will not be lower than when they were first issued. So it is suitable to own during volatile economic times & when interest rates change. ST’s return consists of BI Rate + fixed spread, so if the BI Rate increases during the return adjustment period, the return received will also increase.
ST012 is available in 2 types of tenor/maturity, namely ST012T2 with a 2 year tenor and the return of 6,40% (6,25% + spread 15 bps or 0.15%) per year, also ST012T4 with a tenor of 4 years and the return of 6,55% (6,25% + spread 30 bps or 0.30%) per year. This sukuk can be ordered using Welma feature on myBCA application and KlikBCA Individual website starting from IDR 1 million.
For those of you who have never invested in BCA, you can register investor data or Single Investor Identification (SID) directly in Welma feature on myBCA application. Let’s support earth preservation by investing in ST012 at BCA immediately, because it’s only available until May 29th 2024 with limited quota! For further information, contact Halo BCA 1500 888 extension 4 for investment services or mention BCA Twitter: @HaloBCA.
