Bank Indonesia Circular Letter No. 12/2/DPM Amending Procedures for Retail State Sharia Securities

Turn on more accessible mode

Turn off more accessible mode

Skip Ribbon Commands

Turn off Animations

Turn on Animations

Follow

Bank Indonesia Currently selected

se_120210

Recent Currently selected

Regulation

Sumber Data Legal Information Team, Directorate of Legal Affairs

1/22/2010 5:48 AM

Hits: 5057

Judul Bank Indonesia Circular Letter No.12/ 2 /DPM - Amendment to Circular Letter of Bank Indonesia Number 11/6/DPM dated February 10, 2009 concerning the Procedures for the Administration of Retail State Sharia Securities

Peraturan Bank Indonesia

Moneter dan Pasar Keuangan

Berlaku

Bank Indonesia Circular Letters

Monetary

Effective

Page Image

Page Content

Regulation :

Circular Letter No.12/ 2 /DPM - Amendment to Circular Letter of Bank Indonesia Number 11/6/DPM dated February 10, 2009 concerning the Procedures for the Administration of Retail State Sharia Securities

Effective date :

January 22, 2010 I. PROCEDURES FOR THE ADMINISTRATION OF RETAIL STATE SUKUK A. Settlement of Retail State Sukuk in the Primary Market

It shall be made based on the stipulation of proceeds from the sale of Retail SBSN by the Director General of Debt Management for and on behalf of the Minister of Finance.

It shall be made by no later than 2 (two) business days as of the date of decision as intended in number 1.

The settlement procedures shall be as follows:

Fund settlement shall be made by debiting the settlement value from the paying Bank’s rupiah giro account with Bank Indonesia and crediting the settlement value to the Government’s rupiah giro account with Bank Indonesia; and

Securities settlement shall be made by registering the serial number of issuance of Retail State Sukuk in BI-SSSS in accordance with the terms and conditions stipulated by the Minister of Finance and crediting the Sub-Registry securities account designated by the Retail State Sukuk buying investor.

On the same day with the day of crediting to the Sub-Registry securities account, Sub-Registry must record the ownership of Retail State Sukuk on behalf of the investor obtaining individual Retail State Sukuk allotment in the Sub-Registry system. B. Payment of Yield and/or Nominal Value of Retail State Sukuk

It shall be made on the due date of the payment of Yield and/or Nominal Value based on the position of the ownership of Retail State Sukuk recorded in BI-SSSS 2 (two) Business Days prior to the aforementioned due date.

It shall be made by debiting the Government’s rupiah giro account with Bank Indonesia and crediting the Bank’s or Sub-Registry paying Bank’s or Sub-Registry’s rupiah giro account with Bank Indonesia.

On the same day with the day of payment as intended in number 1, Sub-Registry shall forward the payment of Yield and/or Nominal Value of Retail State Sukuk to the investor recorded in the Sub-Registry. C. Settlement of Retail State Sukuk Transaction in the Secondary Market

The settlement procedures for Retail State Sukuk transaction in the secondary market shall be in accordace with the provisions of Bank Indonesia regulating BI-SSSS. II. CLOSING PROVISION

The provisions in this Circular Letter shall come into effect as of January 22, 2010.

Lampiran Attachments

Lampiran 1 Bank Indonesia Circular Letter No.12/ 2 /DPM

Lampiran 2 FAQ - Bank Indonesia Circular Letter No.12/ 2 /DPM

Lampiran 3

Lampiran 4

Lampiran 5

Lampiran 6

Lampiran 7

Lampiran 8

Lampiran 9

Lampiran 10

Kontak Contact

Kontak Legal Information Team, Ph. : (021) 2310108 ext : 8737, 7890, 7993, 4838

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

Was this page useful?

Thank You! Would you like to give more detail?

What did you think of this page?

Sedang proses...

Other Articles

Bank Indonesia Regulation Number 9 of 2025 on Macroprudential Liquidity Incentive Policy by The Blessings of The Almighty God The Governor of Bank Indonesia

Regulation of Member of Board of Governors Number 17 of 2025 on The Settlement for Bilateral Transactions between Indonesia and China using Rupiah and Renmibi through banks

Regulation of Member of Board of Governors Number 6 of 2025 on The Amendment to Regulation of Member of Board of Governors Number 22/34/PADG/2020 on Settlement for Bilateral Transactions between Indonesia and Thailand using Rupiah and Baht through banks

Regulation of Member of Board of Governors Number 5 of 2025 on The Amendment to Regulation of Member of Board of Governors Number 23/12/PADG/2021 on Settlement for Bilateral Transactions between Indonesia and Malaysia using Rupiah and Ringgit through bank

Regulation of Member of Board of Governors Number 2 of 2025 on The Settlement for Bilateral Transactions between Indonesia and The United Arab Emirates using Rupiah and Dirham through banks

Regulation of Member of Board of Governors Number 15 of 2024 on The Amendment to Regulation of Member of Board of Governors Number 23/16/PADG/2021 on Settlement for Bilateral Transactions between Indonesia and China using Rupiah and Yuan through Bank

Previous

Next