Batam Community Offered Retail Sukuk

Saturday, January 22, 2011 Label:
Ministry of Finance is doing pre-marketing in order to issue and sell retail sukuk SR-003 Series of 2011 in February 2011 in Batam, on Friday.

"Pre-Marketing is expected to attract people to invest Retail Government Sukuk series SR-003," said Head of Sub Directorate Directorate of Sharia SBSN Market Development Directorate General of Debt Management, Ministry of Finance, Langgeng, in Batam, on Friday.

He said the residents of Batam has the potential to invest in government retail sukuk, is considering Batam industrial park. "We offer different forms of individual investment in the primary market," he said.

According to him, interested in Batam Sukuk Retail relatively well, based on a kind of marketing Retail Sukuk series and SR-002 SR-003 in the previous year. "We hope with the socialization that made this year to increase the number of investors," he said.

Sukuk SR-003 offered at a nominal per-unit minimum order of Rp1 million to Rp 5 million and multiples thereof, underiying asset of state property (BMN) in the form of land and or buildings.

Schedule of State Sukuk issuance and sale of SR-003 Series Retail namely, the determination of rewards / coupons on February 2, 2011, the opening of the offer dated February 7, 2011, the closing of the offering period February 18, 2011, rationing February 21, 2011 and settlement date of February 23, 2011.
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