TEMPO.CO, Jakarta - The Indonesian Ministry of Finance has begun offering its first Retail Government Bonds (SBN) of the year, targeting novice investors seeking to learn about financial investment.
Acting Director of State Debt Novi Puspita Wardani said the instruments are designed to be accessible and educational for individuals entering the investment market.
According to Novi, retail government bonds serve as an introductory investment option for individuals looking to build financial literacy.
“Retail SBN is provided for individuals who want to grow financially and learn about investing,” she said during a press conference at the Ministry of Finance office in Jakarta on Monday, January 26, 2026.
One of the main advantages of retail government bonds, Novi explained, is their relatively low risk. The default risk is considered close to zero, as the instruments are backed by two legal frameworks. The first is the State Budget Law, which allocates annual payments for interest and principal.
“The second is the State Debt Securities Law, which obliges the government to pay interest and principal at maturity,” she said.
Novi cautioned that beginners who immediately invest in high-risk instruments without sufficient preparation may face losses that discourage future participation.
By starting with safer investment products, she said, new investors can better understand risk management and returns before moving on to higher-risk options.
She added that investing in retail government bonds offers dual benefits. In addition to providing personal financial returns for investors, the instruments also support state budget financing.
“So the function is not only personal, but also social,” she said.
The Ministry of Finance began offering retail government bond series ORI029T3 and ORI029T6 on Monday, January 26, 2026. The ORI029 series is the first retail government bond issued this year.
In 2026, the government plans to issue eight retail government bond series: ORI029, SR024, ST016, ORI030, SR025, SWR007, SBR015, and ST017.
In 2025, the government raised Rp153 trillion from the issuance of eight retail government bond series. A total of 262,927 investors purchased the instruments last year, with millennials and Generation Z accounting for 57 percent of total retail SBN sales.
