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Friday, September 18th 2015
NAV(IDR)
1,183.3804
1 Month Return
0.4200%
1 Year Return
6.9000%
NAV(IDR)
1,791.4217
1 Month Return
-8.0900%
1 Year Return
-13.6300%
CALL : 021 - 57 900 910
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*Past performance or achievements are not indicative of current or future performance.
 
 
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Obligasi

 Downloadable Documents
 Account Opening ORI 007
 Brochure ORI007
 Memorandum Information

Bonds are debt securities, medium-long term that may be assigned to contain a promise from the issuing party to pay interest in return for a certain period and pay off the principal debt at the time specified for the bond buyer.

Types of bonds traded on the Stock Exchange Indonesia :
  1. Corporate Bonds : bonds issued by companies, either in the form of state-owned enterprises (SOEs), or a private enterprise.
  2. Government Bonds : bonds issued by government.
  3. Retail Bonds : bonds that are traded in units of small nominal value, both corporate bonds and government bonds.

Bond Characteristic :
  1. Nominal Value (Face Value) is the principal value of a bond that will be received by holders of bonds at the bond matures.
  2. Coupon (The Interest Rate) is the value of interest earned by the bondholders (usually bonds are coupon payments every 3 or 6 months) Coupon bonds are expressed in annual percentages.
  3. Due Date (Maturity) is the date on which the bondholders will receive principal payment or Par Value of bonds owned. The maturity date of the bonds ranged from 365 days to more than 5 years. Bonds which will mature within 1 year will be easier to predict, so have the risks are smaller than the bonds that have maturity period within 5 years. In general, the longer the maturity of a bond, the higher the coupon / interest.
  4. Publisher / Issuer (Issuer) Knowing the bond issuer is an important factor in bond investing. Measuring the risk / possibility of obigasi publishers can not make a payment coupon or principal obligations on time (called default risk) can be seen from the ranking (rating) bonds issued by such agencies or Kasnic PEFINDO Indonesia.

Bond Prices :
Unlike the stock price is expressed in the form of currency, bond prices are expressed in percentage (%), the percentage of the nominal value.

There are 3 (three) possible market price of the bonds offered, namely:
  1. Par (value Pari): Bond price equal to the nominal value Example: A bond with a nominal value of USD 50 million sold at 100%, the bond's value is 100% x Rp 50 million = Rp 50 million.
  2. at a premium (the premium): Bond prices greater than face value Example: A bond with a nominal value of Rp 50 million sold at a price of 102%, the bond's value is 102% x Rp 50 million = USD 51 million.
  3. at discount (with Discount): Bond prices lower than the nominal value Example: A bond with a nominal value of USD 50 million are sold at 98%, then the value of the bonds is 98% x Rp 50 million = USD 49 million.
Source: www.idx.co.id