Retail Sukuk SR024 Now Open for Subscription, Coupon Up to 5.9%

Jakarta — The Government, through the Directorate General of Financing and Risk Management (DJPPR) of the Ministry of Finance, has opened the offer period for Retail Sukuk Seri SR024 to domestic individual investors. The Sharia-compliant instrument, part of the government’s retail Sukuk programme, is being offered from 6 March to 15 April 2026. SR024 is issued to broaden the domestic investor base and to support funding for the State Budget (APBN). In this issue, the government offers two tenors: SR024-T3, a three-year tenor, and SR024-T5, a five-year tenor, both with fixed coupons. According to the DJPPR, the coupon rate for SR024-T3 is 5.55% per year, while SR024-T5 offers 5.90% per year. The yields are fixed to maturity, providing income certainty for investors. SR024-T3 matures on 10 March 2029, and SR024-T5 matures on 10 March 2031. The Retail Sukuk is issued under the ijarah asset to be leased structure and has obtained a Shariah conformity opinion from the National Sharia Council of the Indonesian Ulema Council (DSN-MUI). The underlying assets come from State Property (BMN) and projects and activities of ministries/agencies listed in the APBN. Funds raised through the retail sukuk contribute to financing national development. The sale of retail SBSN to individual investors will be conducted online (e-SBN).