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Legal Information Team, Directorate of Legal Affairs
4/15/2008 10:30 AM

Bank Indonesia Circular Letter No. 10/18/DPM - Amendment to Bank Indonesia Circular Letter No. 9/4/DPM dated March 16, 2007, concerning Procedures of Government Bond Auction in the Primary Market and Government Bond Administration

Summary Bank Indonesia Laws

Regulation : Bank Indonesia Circular Letter No. 10/18/DPM dated April 15, 2008, concerning Amendment to Bank Indonesia Circular Letter No. 9/4/DPM dated March 16, 2007, concerning Procedures of Government Bond Auction in the Primary Market and Government Bond Administration
Effective date : April 15, 2008

Summary :

  1. Government Bond (SUN) Auction by Competitive Bidding shall be made by Auction Participants by entering bids for the volume and price.
  2. Indonesia Deposit Insurance Corporation (LPS) may buy SUN through the Auction. The bidding shall be made directly, not through any Primary Dealer, and only for Non-competitive Bidding.
  3. Competitive Bidding in SUN Auction consists of bidding for quantity and discount rate or yield or price. The bids for price shall be made in a multiple of 0.05% (five per ten thousands).
  4. SUN lending fee shall be paid through the BI-RTGS System to the Government Rupiah Account No. 500.000003 “Menteri Keuangan, c.q. Dirjen Perbendaharaan untuk Pengelolaan SUN”.
  5. Collateral execution shall be conducted by the Government by selling the collateralized SUN to any other Primary Dealer under an exchange mechanism, namely by exchanging the collateralized SUN with SUN of the same series lent by the Government. This execution shall be executed through the BI-SSSS by FoP transfer.

Lampiran
Bank Indonesia Circular Letter No. 10/18/DPM
FAQ Circular Letter No. 10/18/DPM
Kontak
Legal Information Team, Ph. : (6221) 3817872, Fax : (6221) 3501850

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Halaman ini terakhir diperbarui 1/27/2021 9:15 PM

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