Investor Presentaiton
Synergy Between Central Bank and the Government
in Accelerating National Economic Recovery
The Enactment of Emergency Law No. 1/2020 (becoming Law No. 2/2020) allows Central Bank to buy GS in the primary market
1st Joint Decree between Minister of Finance and Governor of
Bank Indonesia (BI) on April 16, 2020 (SKB I)
The role of Bl is as backstop buyer in the primary market
2nd Joint Decree between Minister of Finance and Governor of Bl
on July 7, 2020 amended with Joint Decree on July 20, 2020
(SKB II)
Burden Sharing Scheme
1. Public Goods
Covered by Bl with
rate based on Bl
Reverse repo 3M
2. Non-Public
Goods:
MSME
■ Corporation
on-MSME
3. Non-Public
Goods: Others
Source: Ministry of Finance
Covered by
Government with rate
BI Reverse repo 3M
minus 1%, and Bl
covered the
remaining difference
with market rate
Full Covered by
Government
amounting market
rate
Issuance specifically
to Bl through private
placement
Issuance through
market
mechanism
(auction, Green
Shoe Option,
Private Placement
according to the
SKB on April 16,
2020)
Realization of Gov't Securities purchased by Bank
Indonesia under SKB I
IDR 75,395 tn
Outlook until end of 2020: around IDR80-100 tn
Public
Goods
IDR 397.56 T
Non-Public
Goods
IDR 505.90 T
COVID-19 HANDLING ALLOCATION
IDR 903,46 T
Health
IDR 87.55 T
Social Protection
IDR 203.90 T
Sectoral K/L, Local Govt
IDR 106.11 T
Micro small and Medium
Enterprises (MSME)
IDR 123.46 T
Corporation Non-
MSME IDR 53.57 T
Others
IDR 328.87T
SBN purchased by BI (SKB II) for Public Goods IDR270,0T or 67,92% from
target and issuance of SBN for Non Public Goods reach IDR152,03T
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