Auction of Indonesian Government Sharia Securities Or Government Sukuk

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1. MINISTRY OF FINANCE OF INDONESIA SECRETARY GENERAL BUREAU OF COMMUNICATION AND INFORMATION SERVICE Dr . Wahidin Street No.1 Jakarta 10710 P~~RELEME Telephone: (021) 3449230 eks. 6347-6348 & 3500849<> Fax: 3500847 website: http://www.kemenkeu.go.id <> e-mail: humas@kemenkeu.go.id Number Date :21fKL1/2016 :14 April 2016 AuctionPlan of Government Sharia Securities or Government SukukSeries SPN-S 06102016 (reopening), PBS006 (reopening), PBS009 (reopening), PBS011 (reopening), and PBS012 (reopening) on 19 April 2016 On22 March 2016,the Government will hold the auction the Government Sharia Securities (SBSN) or Government Sukuk. TheSBSNs auctioned are SPN-S and SBSN PBS with Project Based Sukukto fulfill a part of the funding targeted in State Budget 2016.Below are the terms and conditions of the auctioned SBSN: Terms & Conditions Government Sharia Securities SPN-S 06102016 PBS006 PBS009 PBS011 PBS012 Maturity Date 06 Oct 2016 15 Sept 2020 25 Jan 2018 15 Aug 2023 15 Nov 2031 Yield Discount 8.25000% 7.75000% 8.75000% 8.87500% Underlying Asset State Assets in the form of land and building Auction Date Settlement Date NonCompetitive Buying Allocation Indicative Plan Target Bidders Projects/Activities in the Revised State Budget 2014 19 April2016 21 April 2016 30% of the amount won IDR4,000,000,000,000.00 Banks: (1) PT. Bank Mandiri (Persero), Tbk; (2) PT. Bank Rakyat Indonesia (Persero), Tbk; (3) PT. Bank Negara Indonesia (Persero), Tbk; (4) PT. Bank Permata, Tbk; (5) PT. Bank Panin, Tbk; (6) The Hongkong and Shanghai Banking Corporation Limited; (7) PT. Bank OCBC NISP, Tbk; (8) Standard Chartered Bank; (9) PT. Bank CIMB Niaga, Tbk; (10) PT. Bank Maybanklndonesia, Tbk; (11) Citibank N.A.; (12) PT. Bank Negara Indonesia Syariah; (13) PT. Bank Central Asia, Tbk; (14) Deutsche Bank AG; (15) J.P. Morgan Chase Bank, N.A,; (16) PT. Bank BNP Paribas Indonesia; (17) PT. Bank SyariahMandiri; (18) PT. Bank BRI Syariah Securities Companies: (1) PT. DanareksaSekuritas; (2) PT. MandiriSekuritas; (3) PT. Trimegah Securities, Tbk; (4) PT. Bahana Securities. The auction will be carried out with the auction system provided by Bank Indonesia as the Agent of SBSN Auction. The auction is an open auction using multiple price method. Basically, all parties, individual or institutional investors, may submit their bids, but in the practice, the bids shall be submitted via the Bidders authorized by Ministry of Finance.
2. The participants of SBSN Auction , Bank Indonesia, and Indonesian Deposit Insurance Corporation mas submit their bids by referring to the Finance Minister Regulation Number 05/PMK.08/2012 on the Issuance and the Selling of Government Sharia Securities in the Domestic Primary Market by Auction Method. The winner of the auction submitting the competitive bids will pay according to the proposed yield. The auction winner submitting non competitive bids will pay according to the weighted average yield of the winning competitive bids. The government has the full rights to sell the SBSN more expensive of cheaper than the decided indicative target. The auction will be opened on 19 April2016 at 10.00 o'clock and closed at 12.00 o'clock, while the result will be announced in the same day. Thesettlementwill be held on21 April 2016 or 2 work days after the auction date (T+2).The regulation about the auction, including the settlement value calculation is stated in the Finance Minister Regulation Number 05/PMK.08/2012. SBSN with SPN-S series will be published using ijarah Sale & Lease Back agreement and is approved by the National Syariah Council - Indonesian Council of Ulama (DSN-MUI) via shariah compliance statement number B-250/DSN-MUINI1/2011. Meanwhile, Series PBS006, PBS007, and PBS008 will use ijarah Asset to be Leased agreement and is approved via DSN MUI statement number B-234/DSNMUIN1/2012. The underlying asset for SPN-S series is in the form State Owned Goods (BMN) approved by the House of Representative and met the requirements stated in Article 2 section 4 of the Minister of Finance Regulation Number 56/PMK.08/2012 on the Management of Government Sharia Securities Originated From The State Owned Goods. Meanwhile, for the PBS series, it uses the underlying assets in the form of projects/activities in State Budget 2016 which was approved the House of Representatives via Law Number 14Year 2015 on State Budget Fiscal Year 2016 Article 23 and as partly is in the form of State Owned Goods. The issuers of the SBSN are the Indonesian SBSN Issuers which are legal entities established based Law Number 19 year 2008 on Government Sharia Securities and established by Government Regulation number 57 year 2008 especially to issue SBSN.For more information, please visit www.kemenkeu.go.idand www.djpu.kemenkeu.go.idor call the Directorate of Sharia Funding via (021 )3516296. Acting Head of Bureau (signed) IIhamsyah NIP 19560902 197911 1 001