Government Securities (Bonds)
Get the convenience and comfort of investing in Bonds with maximum yields.
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Bonds are securities containing a statement of debt from the issuer along with a promise to repay the principal debt of the company
at a predetermined time.
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SERVICE TYPE
Bank Commonwealth provides transaction services for the purchase and resale of bonds issued by the Government of Indonesia on the primary and secondary
markets in a wide selection of bond series denominated in Rupiah (Rp) and US Dollar (USD). Bank Commonwealth provides 2 channels for Government Bond
transactions, namely offline through branches for purchases on the secondary market and online through the CommBank SmartWealth application for purchases on the
primary market.
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BONDS TYPE OPTION
• Bonds in Rupiah (Rp)
• Bonds in US Dollar (USD)
• Retail Bonds in the Primary Market (ORI, SR, SBR & ST) |
ADVANTAGES OF BOND
- Safe
Principal and Coupons are guaranteed by the Government through law.
- Competitive Coupon Rates
The yield/coupon offered is higher than the average Deposit Interest rate.
- Regular Coupon Payment
Payment of yields/coupons periodically until product maturity.
- Potential Capital Gain
Has the potential to obtain capital gains from bond price movements.
- Light Tax
The tax charged is lower compared to Deposits.
- Liquid
Can be traded in the secondary market until the product matures
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ADVANTAGES OF BOND TRANSACTIONS THROUGH BANK COMMONWEALTH
- Easy
Online transaction, anywhere through the CommBank SmartWealth application.
- Affordable
Starting from IDR1,000,000 (one million Rupiah), you can invest in Retail Bonds through the Primary Market and IDR10,000,000 (ten million
Rupiah) for Bonds through the Secondary Market.
- Free Transaction Fee
Free sale and purchase transaction fees for all Bond series offered by Bank Commonwealth .
- Free Storage
Free storage (custodian fee) for the first year.
- Flexible Transaction Time
Bond transactions can be carried out every trading day until 14.30 WIB.
- Integrated Administrative Reports
The customer will receive proof of transaction confirmation and a monthly report from the Custodian Bank. Customers can also request proof of
withholding taxes on capital gains and bond coupons (upon request).
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BOND RISK
- CREDIT RISK
Investment in Products contains credit risk from the Product Issuer. In this case, the Product Publisher cannot pay its obligations (coupon and
principal value of the Product) on a predetermined date.
- INTEREST RATE RISK
In general, product price movements are inversely proportional to interest rates; this means that if the benchmark interest rate rises, the
price of the product has the potential to decrease. On the other hand, if the benchmark interest rate falls, the product price has the potential to
increase.
- MARKET RISK
Product owners face the risk of potential losses due to a downward trend in Product prices within the secondary market. Losses (capital loss)
can occur if the Product is sold within the secondary market before maturity at a lower selling price than the purchase price.
- LIQUIDITY RISK
In unfavorable market conditions, customers cannot conduct purchase and resale transactions if there is no demand and/or supply in the secondary
market for the Products that they wish to transact.
- CURRENCY RISK
This risk occurs if the currency of the Product owned or purchased by the customer is different from the currency of the customer's investment
source. Customers may incur losses as a result of currency movements.
- RISK OF REGULATION CHANGES
Changes in regulations relating to Products, including but not limited to Product taxation, may affect the return value of Products that will be
received by customers.
- RESPONSIBILITY RISK
All interest and product principal are paid by the Product Issuer to the Custodian Bank where the Product is deposited. Delay in payment of
interest and principal of the Product by the Product Issuer may result in delay of payment to the customer of the Product.
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TRANSACTION NOMINAL TERMS
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Retail SBN in
Primary Market |
Online Secondary
Market Bonds |
Offline Secondary
Market Bonds |
IDR Bond |
USD Bond |
IDR Bond |
USD Bond |
MINIMUM
TRANSACTION |
IDR1,000,000 |
IDR10,000,000 |
USD1,000 |
IDR100,000,000 |
USD10,000 |
MULTIPLE |
IDR1,000,000 |
IDR1,000,000 |
USD1,000 |
IDR1,000,000 |
USD1,000 |
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BOND TRANSACTION PROCESS IN BANK COMMONWEALTH
• RETAIL SBN IN THE PRIMARY MARKET
Registration Process
Ensure that you already have a registered Securities
Account Number
and SID via Bank Commonwealth
- Step-1
- Login to CommBank SmartWealth application
- Click “+” to view SBN Online option
- Step-2 :
- Choose SBN Online Menu
- Step-3:
- Select the account that you want to register and ensure the inserted data is valid
- Step-4:
- Receive an email stating the success of your registration
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Buying SBN Process
- Step-1
- Choose Product List menu
- Step-2
- Choose the product that you wish to buy
- Step-3
- Define the amount purchase and choose the registered account number
- Step-4
- Success transaction confirmation
- Step-5
- Make the purchase via Internet Banking, Bank Commonwealth branch or other Perception Bank
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BOND IN SECONDARY MARKET ONLINE
(click here for Tutorial on How to Buy and Sell Government Bonds in CommBank SmartWealth application)
A. BUY
- Press “+” sign on your device screen

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- Select Bonds Product Menu

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- Select the Bonds series you want to trade and press the “BUY” button

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- Enter the amount you want to transact and select a savings account number

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- Make sure the transaction you entered is correct

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- Enter the OTP sent to the mobile number registered with the Bank Commonwealth

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- Your Transaction is in Process

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- Monitor your transaction status on the “Activity” menu or via email registered with Bank Commonwealth
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B. SELL
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BONDS IN THE SECONDARY MARKET THROUGH THE NEAREST BANK COMMONWEALTH BRANCH
- Step-1: Make sure you already have a Savings Account at Bank Commonwealth
- Step-2: Open an Investment Account through CommBank SmartWealth application or the nearest Bank Commonwealth Branch
- Step-3: Understand and select the Bond series you want to trade and complete the Bond transaction form.
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Disclaimer
Bond products are not deposit products issued by the Bank. Bond product liability is the full responsibility of the issuer. Bond products are not issued
and are not guaranteed by the Bank. This product is also not included in the scope of the object of the guarantee program from the Deposit Insurance Corporation
(LPS). This product has investment risks, including loss of all capital and foreign exchange risk, therefore the decision to invest in this bond product is
entirely the responsibility of the customer, which is made consciously and without coercion from any party. The Bank does not have any liability for investment
losses in bond products.
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