First, the purchase of SBN by Bank Indonesia from the primary market as a stand-by buyer with a yield rate according to the market mechanism, when not all of the SBN auction targets for Government fiscal funding can be absorbed by the market. This mechanism is valid for a period of 3 (three) years 2020, 2021, and 2022.
The critical issue is the role that private shareholders play and the potential for conflicts of interest. In the SARB, private shareholding does not impart the same rights and benefits that shareholders in private companies have.