Examining the Absorption Test of Savings Sukuk ST016 - Bisnis Indonesia Premium

Bisnis.com, JAKARTA – The Savings Sukuk series ST016 has become a new test for the absorption capacity of domestic retail investors amid the still volatile capital market conditions. Offering higher returns, this product is now burdened with a series of expectations and challenges in investment appeal among the public. Throughout this year, the realisation of retail Government Securities (SBN) issuances has been quite volatile. After recording a lacklustre offering for the debut ORI029 product, the Directorate General of Financing and Risk Management (DJPPR) of the Ministry of Finance instead recorded oversubscribed sales for SR024.