ST009 is a shariah government savings bond currently being offered on IPO until November 30, 2022. The minimum purchase of ST009 is 1 million rupiahs and in multiples thereof, while the maximum purchase is 2 billion rupiahs per investor. The tenor of ST009 is two years. This security offers a floating floor coupon of 6.15%. This coupon is calculated as BI7DRR + spread which is 1.4%. With the BI7DRR currently at 4.75% plus a 1.4% spread, the total coupon is 6.15%. This total coupon amount is also known as the floor.

So what kind of return does an investor receive when investing in this type of security? What kind of investment objective is this product suited for?

ST009 is a fixed-income security that disburses coupons every month and is suitable for investors looking for a sizeable source of passive income with relatively low risk. Because it is a source of steady cash flow, this security is a good option for retirees or those looking for additional payment to cover certain costs or expenses. This product is also a good option for corporate investors looking for stable, low-risk investments with decent returns. ST009 can be a tool to finance overhead expenses and operating costs while preserving the principal amount.

<u>Projection</u> The following is a projection of the type of return an investor can expect to receive when investing 1 billion rupiahs in ST009.

<u>Cash Flow Simulator</u> Principal: IDR 1,000,000,0000 Coupon rate: 6.15% p.a (5.535% p.a. net)