Savings Sukuk ST016 Now Available for Purchase, Minimum Investment Rp 1 Million
JAKARTA – The government has officially opened the offering period for Savings Sukuk series ST016 starting Friday (8/5/2026). For this issuance, the government offers two tenor options, namely ST016T2 with a two-year tenor and Green Sukuk ST016T4 with a four-year tenor.
The offering period for Savings Sukuk ST016 runs from 8 May to 3 June 2026. This sharia-compliant investment instrument for individual Indonesian citizens (WNI) is offered with a floating coupon system with a minimum floor.
For ST016T2, the government sets a minimum yield of 6.05% per year, equivalent to the BI rate plus 130 basis points (bps). Meanwhile, Green Sukuk ST016T4 offers a minimum yield of 6.25% per year or the BI rate plus 150 bps.
“The purpose of issuing ST016T2 and Green Sukuk Series ST016T4 is to expand the domestic investor base by providing safe, profitable, and impactful investment alternatives,” stated DJPPR in its release on Thursday (8/5/2026).
In addition, the issuance of Savings Sukuk is also directed towards supporting the development of the sharia financial market, expanding financial inclusion, and providing opportunities for the public to participate in national development.
The government sets the minimum purchase of Savings Sukuk ST016 at Rp 1 million and its multiples. The maximum purchase for ST016T2 is Rp 5 billion, while for ST016T4 it is Rp 10 billion.
ST016 is non-tradable or cannot be traded on the secondary market. This instrument also cannot be transferred or redeemed before maturity, except through the early redemption facility in accordance with applicable provisions.
ST016T2 will mature on 10 June 2028, while ST016T4 will mature on 10 May 2030. Reward payments are made every 10th of the month, with the first coupon payment scheduled for 10 July 2026.
Purchase orders are made online through the electronic systems of distribution partners connected to the e-SBN system. The ordering process is carried out in four stages: registration, ordering, payment, and ownership confirmation.
For this issuance, the government has appointed 32 distribution partners consisting of conventional banks, sharia general banks, securities companies, and fintech companies. Some of them include Bank BCA, Bank Mandiri, Bank BRI, Bank BNI, Bank Syariah Indonesia, Bareksa, and Bibit.