PT Bank Commonwealth (“Bank”) with CommBank SmartWealth application has been
chosen by the Ministry of Finance as the Retail Government Bond Distribution Partner in
the ORI022 Domestic Primary Market series.
#Pilihan Berharga Untuk Meracik Masa Depan
#InvestasiNegeriku
Retail Government Bond is Government Securities oered only to Indonesian Citizens through a Distribution Partner on the domestic Primary Market that can be traded on the Secondary Market after certain Holding Period.
Launched By | The Government of the Republic of Indonesia |
Series | ORI022 |
Currency | IDR |
Coupon | 5,95% per annum |
Tenor | 3 (three) years |
Oering Period | September 26th 2022 (09:00 WIB) – October 20th 2022 maximum by 10:00 WIB via CommBank SmartWealth |
Settlement Date | October 26th 2022 |
Maturity Date | October 15th 2025 |
Minimum Order | IDR1,000,000 (one million Rupiah) and multiplication of IDR1,000,000 (one million Rupiah) |
Maximum Order | IDR5,000,000,000 (five billion Rupiah) at all Distribution Agents |
Coupon Payment Frequency | Monthly every 15th |
First Coupon Payment Date | December 15th 2022 (fixed rate)* |
Minimum Holding Period** | After 1 (one) time coupon payment (tradeable on the secondary market after December 15th 2022) |
* fixed rate is a calculation amount to the principal
** holding period is a period of time determined by the Government during which Retail SBN cannot be traded
ORI022 product benefit as follows:
Secured
Your investment is guaranteed by
government through constitution.
Potential
Capital Gain
Potential to obtain capital
gains if sold at the price
higher than the purchase
one.
Affordable
Invest start from IDR1,000,000
(one million).
Competitive Coupon Rate
When issued on the Primary
Market, the coupon rate oered is
higher than the average deposit
interest rate.
Easy
Easy Invest using
CommBank SmartWealth.
ORI022 product risk explanation as follows:
Default Risk
The risk that an Investor cannot obtain payment of the funds promised by the
issuer when the investment product is due for coupon and principal.
Market Risk
Potential loss if there is an increase in the interest rate which causes a
decrease in the price of Retail Bonds series ORI022 in the Secondary Market.
Loss (capital loss) can occur if an investor sells Retail Government Bonds
ORI022 series in the Secondary Market before maturity at a selling price
lower than the purchase price.
Liquidity Risk
Potential loss if prior to maturity the holder of the ORI022 Retail Government
Bonds requiring cash has diculty in selling ORI022 Retail Government
Bonds in the Secondary Market at a reasonable market price.
Get cashback up to IDR10,000,000 for investing in ORI022 through CommBank SmartWealth as follows:
Order Amount Criteria | Cashback (net) from the nominal order | |
Early Bird (26 September 2022 until 30 September 2022) | Reguler (3 October 2022 until 20 October 2022) | |
IDR2,000,000,000 (two billion IDR) | 0.20% | 0.15% |
IDR500,000,000 (five hundred million IDR) up to < IDR2,000,000,000 (two billion IDR | 0.15% | 0.10% |
Terms and Condition:
- This program is valid for the purchase of ORI022 product with a minimum purchase of Rp500,000,000 (five hundred million Rupiah) (“Program”).
- This program is valid only for PT Bank Commonwealth (“Bank”) customers who purchase ORI022 products during 26 September 2022 (09:00 WIB) – 20 October 2022 maximum by 10:00 WIB via CommBank SmartWealth.
- This program cannot be combined with other ongoing programs at the Bank.
- Customers who meet the Terms and Conditions for purchasing the Products above are entitled to cashback (“Gifts”) with a nominal value in accordance with the provisions determined by the Bank, where the tax on the Prize is borne by the Bank.
- Prizes will be credited to the Customer's account at the Bank no later than 45 (forty five) working days after the settlement date. Prizes that have been received by the Customer cannot be canceled.
- The Bank has the right to cancel the payment of the Prize to the Customer at the Bank's internal considerations, in which the Bank will notify the reason for the refusal and/or cancellation to the Customer.
- The Bank may change the Terms and Conditions of this Program by first giving notice to the Customer within 30 (thirty) working days before the change becomes effective.
- These Terms and Conditions refer to the provisions that apply to the Bank and are subject to applicable laws in the Republic of Indonesia and have been adjusted to the laws and regulations including the provisions of the Financial Services Authority.
- The Customer hereby represents and warrants that the Customer has read, knows, understands, and agrees to the Terms and Conditions of this Program, including but not limited to the investment risk of the ORI022 Product.
Example Cashback calculation :
Scenario 1 : (Early bird)Placement date | = | 26 September 2022 |
Placement amount | = | IDR5,000,000,000 |
Cashback | = | IDR10,000,000 (0.2% x IDR5,000,000,000) |
Scenario 2 : (Early bird)
Placement date | = | 26 September 2022 |
Nilai penempatan | = | IDR500,000,000 |
Cashback | = | IDR750,000 (0.15% x IDR500,000,000) |
Scenario 3 : (Reguler)
Placement date | = | 3 October 2022 |
Placement amount | = | IDR5,000,000,000 |
Cashback | = | IDR7,500,000 (0.15% x IDR5,000.000,000) |
Scenario 4 : (Reguler)
Placement date | = | 3 October 2022 |
Placement amount | = | IDR500,000,000 |
Cashback | = | IDR500,000 (0.10% x IDR500,000,000) |
ORI022 bookings are required via the Online platform only. Customers can use the
CommBank SmartWealth to place orders for ORI022.
Register your SID (Single Investor Identification) and Securities Account through Bank
Commonwealth by visiting the nearest Bank Commonwealth branch or contacting your
Relationship Manage or via CommBank SmartWealth.
- Individuals, Indonesian Citizens are proven by their KTP registered at Dukcapil (Citizenship and Civil Registration).
- Have Saving Account at Bank Commonwealth.
- Have Securities Account and Single Investor Identification (SID) that have been registered at Bank Commonwealth.
- Activation CommBank SmartWealth.
For information and sevices, Please Call Commbank 15000 30 or for Customer CommBank Premier call 1500 938 or email customercare@commbank.co.id
Disclaimer: RETAIL GOVERNMENT BOND (OBLIGASI NEGARA RITEL) seri ORI022 series Products are not deposit products issued by PT Bank Commonwealth. Liability for OBLIGASI NEGARA RITEL seri ORI022 is the full responsibility of the issuer. RETAIL GOVERNMENT BOND ORI022 series is issued and guaranteed by the Government. This product is also not included in the scope of the object of the guarantee program of the Indonesian Deposit Insurance Corporation (LPS). This product has investment risk, thus customer understand, know, and agree with the risk stated including any liability for investment losses in RETAIL GOVERNMENT BOND ORI022 series. |