Lebaran 2025: Invest in SBN Syariah ST014 & Gold
Exchange Holidays Schedule
During exchange holidays, stock investment transactions and mutual funds may experience adjustments. Though, investors can still explore opportunities in gold and sukuk savings.
| Date | Information |
|---|---|
| March 28, 2025 | holidays with the Holy Holidays and the New Year 1947 |
| March 31 – April 1, 2025 | Estimated Eid al -Fitr |
| 2, 3, 4, 7 april 2025 | Holidays together |
| 29-30 March and 5-6 April 2025 | Weekend holidays |
| 8 April 2025 | Exchange Trading is reopened |
| March 2025 | Total Trade Day: 19 days |
| April 2025 | Total Trade Day: 16 days |
Gold Investment Availability
Digital gold transactions can be conducted at any time, offering flexibility without being affected by holidays. Transaction values for purchasing digital gold are promptly visible upon payment.
During holidays, gold purchase transactions can utilize electronic money and virtual accounts. Bank transfers may not be available during holidays. Gold sales transactions can still be initiated, with fund disbursement processed on April 8, 2025.
Note that physical gold print transaction services may be temporarily unavailable from March 27 to April 7, 2025, resuming on April 8, 2025.
Gold Prices
Over the past year, gold prices have seen significant increases.
Investing in gold has yielded ample returns.
Gold Investment profits
| Buy Price (28/3/2024) | Resale price/buyback (27/3/2025) | Profit | |
|---|---|---|---|
| Rp1,147,000 | Rp1,620,000 | 41.2% | |
| Treasury | Rp1,155,591 | Rp1,615,651 | 39.8% |
| Indogold | Rp1,138,500 | Rp1,608,500 | 41.2% |
Sukuk Savings (ST014)
Sukuk Tabungan ST014 offers a yield of 6.5% for a 2-year tenor (ST014T2) and 6.6% for a 4-year tenor (ST014T4). The amount of the coupon becomes a minimum yield (floor) to maturity.
ST014T2 vs. ST014T4 (Green Sukuk): A Comparison
Key differences between the Indonesian government’s ST014T2 and ST014T4 retail sukuk offerings.
Overview
The Indonesian government, through its Indonesian SBSN Publisher Company, is offering two types of retail sukuk (Islamic bonds) to Indonesian citizens: ST014T2 and ST014T4 (Green Sukuk). Both are sharia-compliant investment options, but they differ in several key aspects.
Key Criteria and Differences
Here’s a detailed comparison of the two sukuk based on various criteria:
| Criteria | ST014T2 | ST014T4 (Green Sukuk) |
|---|---|---|
| Publisher | Indonesian SBSN Publisher Company | |
| investor | Indonesian citizens | |
| offer period | March 7 to April 16, 2025 | |
| Form | Non-tradable, cannot be diverted, and cannot be thawed until due except during the early redemption period. | |
| Sales date | April 21,2025 | |
| Setting date | april 23,2025 | |
| Due date | April 10,2027 | April 10,2029 |
| Nominal value per unit | Rp1,000,000 | |
| Minimum order | Rp1,000,000 | |
| Maximum order | Rp5,000,000,000 | Rp10,000,000,000 |
| Underlying asset | State-owned assets (BMN) and 2025 state Budget (APBN) projects,including green projects. | |
| Contract | Wakalah (agency agreement) | |
| Type of coupons/rewards | Floating with floor | |
| Coupon level | 6.5% or (BI Rate + 75 bps spread). This reward applies as a minimum coupon (floor) until due. | 6.6% or (BI Rate + 85 bps spread). This reward applies as a minimum coupon (floor) until due. |
| Coupon adjustment time | 3 working days before the new coupon period is valid | |
| The date of the start of the adjusted coupon | February 11,May 11,August 11,november 11 every year | |
| First coupon date | June 10,2025 (long coupon) | |
| Coupon payment date | Every 10th of the month. If the date is not a working day, payment is made the next weekday without compensation. | |
| Period of delivery of Early Redemption interest | To be determined | To be determined |
| Early Redemption Limit | 50% of each investor’s Ownership value | 50% of each Investor’s Ownership Value |
| Early Redemption Period | April 24, 2026 to May 4, 2026 | April 24, 2028 to may 4, 2028 |
| Early Redemption Payment Date | May 11, 2026 | May 11, 2028 |
Key Takeaways
- Maturity: ST014T2 matures in two years, while ST014T4 (Green Sukuk) matures in four years.
- Coupon Rate: ST014T4 offers a slightly higher minimum coupon rate (6.6%) compared to ST014T2 (6.5%).
- Maximum Investment: ST014T4 allows for a higher maximum investment (Rp10,000,000,000) compared to ST014T2 (Rp5,000,000,000).
- Green Focus: ST014T4 is specifically designated as a Green Sukuk,meaning proceeds are allocated to environmentally kind projects.
Considerations for Investors
Investors shoudl consider their investment horizon and risk tolerance when choosing between ST014T2 and ST014T4. ST014T2 offers a shorter maturity, while ST014T4 provides a slightly higher return and supports green initiatives. Both offer a floating rate with a floor, protecting investors from potential interest rate declines.
understanding ST014: Key Dates and Investment Opportunities
Updated:
Here’s a breakdown of the schedule and key dates for those interested in ST014, a type of Indonesian Retail State Securities (SBN).
ST014 Schedule
Key dates for ST014 are as follows:
| No. | Activity | ST014-T2 (Tenor 2 Years) | ST014-T4 (Tenor 4 Years) |
|---|---|---|---|
| 1 | Offering Period | Thursday, March 26, 2026 (9:00 AM WIB) - friday, April 3, 2026 (10:00 AM WIB) | Friday, March 26, 2027 (9:00 AM WIB) – Saturday, April 3, 2027 (10:00 AM WIB) |
| 20 | Settlement Early Redemption | April 10, 2026 | april 10, 2027 |
| 21 | Coupon and nominal payer agent | Bank Indonesia | |
Source: DJPPR Kemenkeu
Investing in Retail State Securities
Retail State Securities (SBN) offer an avenue for individuals to invest and contribute to the national economy. These securities are sold online, making the registration and transaction processes efficient.Investors can monitor their investments from anywhere at any time.
These securities have garnered recognition, receiving awards for their performance and accessibility.
To invest, individuals can register through designated platforms, typically requiring a national ID and tax identification number (optional). Existing investors may need to update their account information to participate in Retail SBN offerings.
Additional Information
Features like gold investments might potentially be managed in collaboration with licensed partners.
Understanding Exchange Holidays and Investment Opportunities
Navigating exchange holidays is crucial for investors. This guide provides insights into holiday schedules and alternative investment options.
When are the Exchange Holidays?
Exchange holidays impact stock and mutual fund transactions. However, opportunities in gold and sukuk savings persist.
Here’s a summary of exchange holidays in March and April 2025:
| Date | Information |
|---|---|
| March 28, 2025 | Holidays with the Holy Holidays and the New Year 1947 |
| March 31 - April 1, 2025 | Estimated Eid al -Fitr |
| April 2, 3, 4, 7, 2025 | Holidays together |
| March 29-30 and April 5-6, 2025 | Weekend holidays |
| April 8, 2025 | Exchange Trading is reopened |
How Do Exchange Holidays Affect Investments?
During exchange holidays, stock investments and mutual funds may experience adjustments. This means that transactions might not be processed immediately. However, investors still have options.
Can I Still Invest During Holidays?
Yes! Even during exchange holidays, you can explore opportunities in:
- Gold: Digital gold transactions are available anytime, unaffected by holidays.
- Sukuk Savings: These investments remain accessible.
What About Gold Investments During Holidays?
Digital gold transactions offer continuous access:
- Purchases: Use electronic money or virtual accounts.
- Sales: Sales can be initiated, with funds disbursed on April 8, 2025.
- Physical Gold: Physical gold print transaction services might potentially be temporarily unavailable from March 27 to April 7, 2025, resuming on April 8, 2025.
Have gold Prices Increased?
Yes,data shows that gold prices have considerably increased over the past year,providing ample returns for investors.