TEMPO.CO, Jakarta - CEO of the Danantara Indonesia Investment Management Agency, Dony Oskariahas, refuted the rumor that Indonesians are obliged to purchase Patriot Bonds or Merah Putih Bonds. The spreading news mentioned that individuals with savings exceeding Rp3 billion are required to own these two bonds.
"The information is not true. The issue is a hoax. There are no plans for the government to oblige Indonesians with savings exceeding Rp3 billion to purchase Patriot Bonds or Merah Putih Bonds," he said in a written statement on Friday, June 5, 2026.
The rumors arose with the approval of the revision of Law Number 4 of 2023 concerning the Development and Strengthening of the Financial Sector (P2SK). One of the rule changes is the regulation of Danantara's issuance of specific debt securities.
Dony mentioned that the Patriot Bond and the Merah Putih Bond are investment products designed for the public and investors interested in financing national development. However, there is no obligation to purchase these products.
"The government and Danantara are committed to implementing all investment policies in accordance with the principles of transparency, good governance, and respecting the rights of the public in making investment decisions," said Dony.
Finance Minister Purbaya Yudhi Sadewa stated that there is no scheme obliging Indonesian citizens to purchase either one or both of these bonds. However, the government is preparing special incentives to encourage more potential investors to buy these debt securities.
"There is no obligation, but they will be given incentives so that it is attractive to those who have money," he said on Thursday, June 4, 2026.
Danantara previously issued the Patriot Bond to attract domestic investment. Subsequently, Patriot Bond II is also planned for release.
Read: Danantara's Take on Moody's Baa2 Negative Rating
Click here to get the latest news updates from Tempo on Google News
Danantara's Take on Moody's Baa2 Negative Rating
5 jam lalu
Danantara responds to Moody's Ratings assigning a Baa2 rating with a negative outlook to PT Danantara Investment Management.
Is Danantara Requiring Rich Indonesians to Buy Merah Putih Bonds?
5 jam lalu
Danantara COO responds to reports claiming Indonesians with savings above Rp3 billion are required to buy Patriot and Merah Putih Bonds.
Danantara Touted to Fund Trans-Sumatra Railway: How Much Will It Cost?
8 jam lalu
Transportation Minister Dudy Purwagandhi says the government is considering funding from BPI Danantara for the Trans-Sumatra railway project.
Indonesia to Cull Subsidiaries of State Power Firm PLN by 2028
1 hari lalu
Danantara targets simplifying the business structure of PLN to increase operational efficiency.
Moody's Rates Danantara Investment at Baa2
2 hari lalu
Moody's Ratings has assigned a first-time Baa2 issuer rating to PT Danantara Investment Management.
The Divergent Economics of Sumitro's Son
3 hari lalu
Unlike his father, Prabowo Subianto is running Indonesia's economy recklessly and without fiscal discipline.
Indonesian Exporters Urge Gradual Rollout of Single-Gate Export Policy
4 hari lalu
Business groups have urged the government to carefully implement the new single-gate export policy that took effect on Monday through PT DSI.
Danantara to Announce State-Owned Export Firm Management Soon
4 hari lalu
Danantara is still conducting screening of management for state-owned exporter, Danantara Sumberdaya Indonesia.
Fraudulent Practices Drain State Revenue
6 hari lalu
There are research and studies on fraudulent practices in exports and imports. The schemes are carried out on a massive and systematic scale.
DSI Does Not Benefit From Palm Oil Exports, Deputy Minister Says
6 hari lalu
By January 1, 2027, Indonesia aims to have all palm oil, coal, and iron exports managed by PT Danantara Sumberdaya Indonesia.
:strip_icc():format(jpeg)/kly-media-production/medias/5502852/original/043074800_1771048777-4.jpg)
