A New Way to Sell Retail SBN
The Ministry of Finance plans to revise the rules governing Retail Government Securities (SBN) issuance. One of the points in the revision is the terms and conditions for distribution partners eligible for marketing Retail SBN to investors. The expansion of the distribution network is expected to encourage a broader retail investor base.
The government plans to include e-commerce companies to the lists of eligible Retail SBN distributors, in addition to banks, securities companies, and fintech under Financial Services Authority (OJK) supervision. However, this is still being reviewed in line with the plan to immediately revise the Finance Minister Regulation (PMK) No. 31/2019, while waiting for OJK approval.