ORI030 Sales Reach Rp 21.9 Trillion, Government Considers Raising Quota

Sales of the Retail Indonesian Government Bond (ORI) series ORI030 have reached Rp 21.9 trillion, approaching the initial target of Rp 25 trillion. The offering is scheduled to close on 30 July 2026. Chandra Wibowo, Head of the Government Securities Market Development and Deepening Team at the Directorate of Government Securities, Directorate General of Financing and Risk Management, Ministry of Finance, stated the government is considering raising the quota above Rp 25 trillion. According to Chandra, ORI030 fulfils three key aspects sought by investors: security, certainty, and flexibility. In terms of security, ORI030 is guaranteed by the government, meaning the risk of default is virtually zero as long as the Indonesian state exists. Regarding certainty, ORI030 offers a fixed return. “For the three-year tenor series, the return is 6.9 per cent. Where else can you find 6.9 per cent without doing anything? Then for the six-year tenor, the return is 7 per cent,” Chandra said during the UOB Media Literacy Navigating Market Volatility: Building Portfolio Resilience with ORI030 event in Jakarta on Thursday, 16 July 2026. ORI030 is also subject to a final income tax of 10 per cent, lower than the tax on deposit interest, which reaches 20 per cent. Since the first ORI series was issued in 2008, coupon payments have been consistently made on the 15th of each month, and the redemption scheme at maturity has remained unchanged for more than 20 years. In terms of flexibility, ORI030 is classified as a tradable retail Government Security (SBN) on the secondary market. Chandra assessed that ORI030 is suitable for all types of investors, from beginners to experienced ones, for portfolio diversification. “So I see ORI030, in the current economic climate, as a safe and certain investment alternative that also offers competitive returns for investors, particularly individual investors,” he said.