Bank of China (Hong Kong) Limited Jakarta Branch (“Bank”), as a Sub-Distribution Partner in collaboration with PT Trimegah Sekuritas Indonesia Tbk (“Trimegah”), offers Retail Surat Berharga Negara (“SBN Ritel”). SBN Ritel is APBN financing instruments in the form of investment products that can be purchased by Indonesian citizens.

SBN Ritel can be categorized into 2 (two) categories, that are tradable and non-tradable SBN Ritel. Tradable SBN Ritel refers to the SBN Ritel that can be traded in the secondary market. Products included in this category among others Obligasi Negara Ritel (“ORI”) and Sukuk Ritel (“SR”). While for non-tradable SBN Ritel refers to the SBN Ritel that cannot be traded in the secondary market. Products included in this category among others Savings Bond Retail (“SBR”) and Sukuk Tabungan (“ST”).

In addition, SBN Ritel can also be divided based on conventional and sharia products. The conventional products among others ORI and SBR, while the sharia products among others SR and ST.

The products above will be offered during the offering period in accordance with the offering schedule of the Ministry of Finance of the Republic of Indonesia.

1. SBN Ritel offers higher coupons or interest rates and lower taxes compared to deposits. The coupons are paid regularly in accordance with the provisions of SBN Ritel as set by the Ministry of Finance of the Republic of Indonesia.
2. For tradable SBN Ritel, investors can sell the SBN Ritel purchased in the primary market before maturity. If the investors sell the SBN Ritel at a higher price than their purchase price, investors will earn a profit or capital gain, with considering applicable transaction fees and taxes.
3. SBN Ritel issued and guaranteed by the government of the Republic of Indonesia through the Ministry of Finance. The government of the Republic of Indonesia guarantees the payment both the investment principal and its coupons, where the investment principal is 100% protected if held until the maturity.

There are 3 (three) main types of risks that need to be considered when investing in financial market instruments. These risks are as follows:

1. Default Risk

This refers to the risk where investors may not receive the promised payments, both coupons and principal from the issuer at maturity. This risk occurs if the issuer of the investment instrument defaults or unable to meets its obligations to pay the principal, interest, and/or dividends. SBN Ritel does not carry default risk, as the Republic of Indonesia guarantees the payment both coupons and principal until maturity, as the required funds are provided in the APBN annually.

2. Market Risk

For tradable SBN Ritel, losses may occur if the investor sells the SBN Ritel in the secondary market before maturity at a price lower than the purchase price. The potential for losses increases if there is an increase in interest rates, which can lead to a decrease in the price of SBN Ritel in the secondary market.

3. Liquidity Risk

The liquidity risk can occur if the investors require funds quickly but are unable to sell or redeem the investment product quickly at a fair price. 

1. Indonesian Citizen (WNI) as proven by a valid identity card (KTP) registered with the Directorate General of Population and Civil Registration and a valid Taxpayer Identification Number (NPWP).
2. Have an active savings account at Bank.
3. Register and order SBN Ritel in https://bocid.trimegah.id

• Memorandum_Informasi_SR022T3
• Memorandum_Informasi_SR022T5

• SBN Ritel is an investment product issued and guaranteed by the Ministry of Finance of the Republic of Indonesia.
• SBN Ritel is not a product of the Bank and therefore is not guaranteed by the Bank. The Bank solely acts as a referring party for SBN Ritel products in its capacity as a Sub-Distribution Partner of Trimegah.
• For more comprehensive and detailed information, terms, and conditions regarding SBN Ritel products, please refer to the Information Memorandum issued by the Ministry of Finance of the Republic of Indonesia.

For further information, please contact Bank’s nearest sub-branch offices or Call Center Bank (021-5209988).