Indonesia’s Ministry of Finance to Offer Retail Sukuk Series SR014 to Help Fund State Budget

Indonesia’s Ministry of Finance, via the Directorate General of Financing and Risk Management (DJPPR) will be offering Government Retail Sukuk Series SR-014 between the 26th of February 2021 and the 17th of March 2021. The SR-014 will be sold to individual investors online at a fixed annual yield of 5.47%.

Why it matters?

Proceeds of SR-014 will be used to support the Government of Indonesia’s 2021 State Budget (APBN), and finance the development of infrastructure projects, as well as expand the domestic investor base. The sale of SR-014, which is under the theme ‘Awakening the Country's Economy through Investment’ will be conducted online to support financial inclusion, enabling all Indonesian citizens to participate, and sup...