Bonds

In line with PT SMI’s mission to leverage the capital that has been given by the Government of Indonesia and to increase the capacity of domestic infrastructure financing, PT SMI has been actively issuing bonds since 2014. As of 30 June 2019, the outstanding amount of bonds issued is IDR 17.3 trillion. All proceeds obtained from the issuance are allocated to finance infrastructure projects.

In mid-2018, PT SMI was also the first issuer in Indonesia to issue Green Bond amounting IDR 500 billion which are part of the Green Bond Program with a total value of IDR 3 trillion. In the same year, PT SMI issued IDR 1 trillion worth of Sukuk for the first time which was part of the Sukuk Program with a total value of IDR 3 trillion.

In addition to issuing bonds, PT SMI also actively raise funds through loans and bilateral or multilateral cooperation with Banks and Multilateral Institutions that can increase the financing capacity to projects in supporting the infrastructure development in Indonesia.