~RE~~RELEA~E

MINISTRY OF FINANCE OF INDONESIA
SECRETARY GENERAL
BUREAU OF COMMUNICATION AND INFORMATION SERVICE
Dr. Wahidin Street NO.1 Jakarta 10710
~RE~~RELEA~E
Number
Date
Telephone: (021) 3449230 eks. 6347-6348 & 3500849<> Fax: 3500847
website: http://www.kemenkeu.go.id <> e-mail: [email protected]
:20/KLl/2016
:6 April 2016
AuctionPlan of Government Sharia Securities or Government SukukSeries
SPN-S 06102016 (reopening), PBS006 (reopening), PBS009 (reopening),
PBS011 (reopening), and PBS012 (reopening) on OSApril2016
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
05 April2016
07 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.
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 05 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 on07 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-MUINII/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/DSNMUINI/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.
(signed)
N.E. Fatimah
NIP 19581212 1982102001