PRESS RELEASE

INDONESIAN MINISTRY OF FINANCE
GENERAL SECRETARY
BUREAU OF COMMUNICATION AND INFORMATION SERVICE
ttreet No.1 Jakarta 10710
PRESS RELEASE
Number :11/KLl/2016
Date:February 19, 2016
021) 3449230 ext. 6347/48 & 3500849 Fax: 3500847
•• ~__,,~.••••• v.kemenkeu.go.id; e-mail: [email protected]
Auction Plan of Government ShariahSecurities or Government Sukuk
Series SPN-S 10082016(reopening),
PBS006 (reopening), PBS009 (reopening),
PBS011 (reopening), and PB012 (reopening)
on Tuesday, February 23,2016
The government of Indonesia
auction on Tuesday, February
Based Sukuk to fulfill part of
conditions of SBSN auction are
Terms &
Conditions
Maturity date
Coupon
Underlying
Asset
will hold Project Based Government ShariahSecurities
(SBSN)
23, 2016. The SBSN series which will be auctioned are Project
financing target as stated in the 2016State Budget.Terms and
as follow:
Government
SPN-S
10082016
Auo 10,2016
Discount
State assets
in the forms
of land and
buildincs
ShariahSecurities
(SBSN)
PBS006
PBS009
PBS011
PBS012
Sep 15, 2020
8.25000%
Jan 25, 2018
7.75000%
Auq 15,2023
8.75000%
Nov 15, 2031
8.87500%
Projects in the State Budget Year 2016
Auction Date
February 23, 2016
Settlement
date
Noncompetitive
allocation
Indicative
taroet
20% of total nominal amount
won
Auction
participants
Banks: (1) PT. Bank Mandiri (inc.), Tbk; (2) PT. Bank Rakyat Indonesia (inc.),
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 International Indonesia,
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 Perbanas Indonesia; (17) PT Bank Syariah
Mandiri; (18')PT. Bank BRI Syariah
Securities: (1) PT. Danareksa Securities; (2) PT. Mandiri Securities; (3) PT.
Trirneqah Securities; (4) PT. Bahana Securities.
February 25, 2016
I
30% of total nominal amount won
Rp. 4,000,000,000,000
The auction of these government bonds will be conducted through auction system provided by
Bank Indonesia as the agent of SBSN auction. The auction will be an open auction and using
multiple price method. On the principle, all parties, both individual investors and institutions, shall
be able to offer bids. However, the bids shall be conducted through the registered auction
participants which have obtained the authority from the Ministry of Finance.
According to the Regulation of the Finance Minister Number 05/PMK.08/2012regarding
Issuance
and Sale of Shariah Securities in Domestic Primary Market through Auction, auction for long
term SBSN (series PBS) is participated by the participants through proposing competitive and
non-competitive bids, and by Indonesia Deposit Insurance Corporation (LPS) through proposing
non-competitive bids.
Auction for short term SBSN (series SPN-S) shall be ableto offer a competitive
Bank Indonesia and LPS through proposing non-competitive bids.
bid as well as
Those who offer a competitive bid shall pay according to the yield proposed. Those who offer a
non-competitive bid shall pay according to the weighted average yield of non-competitive bidding
won. The government has the right to sell those SBSNs larger or smaller than the indicative
amount.
The settlement will be conducted through BI-SSSS (Bank Indonesia-Scripless
Securities
Settlement System) and shall only be held with the auction participants. The provision of auction,
including settlement calculation is regulated in the Finance Minister Regulation Number
05/PMK.08/2012.
The auction will be conducted on Tuesday, February 23,2016 at 10.00 Jakarta Time, and closed
at 12.00 Jakarta Time. Auction result will be announced on the same day with the auction date
after 3.30 p.m. Jakarta Time. Settlement date for this securities will be on February 25, 20160r 2
days after the opening of the auction (T +2).
SBSN series SPN-S will be issued using Ijarah Sale & Lease Backand have obtained Shariah
Compliant Statement from National Shariah Board - the Indonesian Ulemas Council (DSN-MUI)
Number B-250/DSN-MUINII/2011while
series PBS usedljarah Asset to be Leased akad and
have obtained Shariah Compliant Statement from National Shariah Board (DSN-MUI) Number B234/DS N-MU INl/2012.
The issuance of those SBSN through auction for series SPN-S uses underlying assets that are
state assets which have obtained the approval from the House of Representatives and has met
the requirement regulated in the Article 2 sub article 4 Finance Minister Regulation Number
56/PMK.8/2012 on Management of Government Shariah Securities Assets from State Assets.
While for issuance series PBS, it uses underlying assets that are projects in the 2016State
Budget which have obtained the approval from the House of Representatives through Law
Number 14 Year 2015 about State Budget Year 2016Article 23 and some some others use State
Assets.
Bidders for the SBSN are Indonesian SBSN Issuer companies which are corporations
established based on Law Number 19 Year 2008 about Government Sharia Securities and
based on Government Regulation Number 57 Year 2008 about SBSN Issuers.
Further information, please visitwww.kemenkeu.go.id.orwww.djpu.kemenkeu.go.id
Directorate of Shariah Financing at (021) 3516296.
Head of Bureau
(signed)
N.E. Fatimah
NIP 19581212 1982102001
or call the