Bond Credit Rating in A Week. As much as five series of bonds were listed last week. There are four continuous bonds and one sukuk mudharabah listed during the week. The bond listing begins at Dharma Satya Nusantara Tbk (DSNG IJ) on Monday (08/03). The company issued Sustainable Bonds I Dharma Satya Nusantara Phase I Year 2020 with a nominal value of IDR 451 billion.
Furthermore, Indonesia Credit Rating Agency (PEFINDO) has assigned an idA- (Single A Minus) rating for the bonds. Bank Mega Tbk (MEGA IJ) acts as trustee for the Dharma Satya bonds. Indomobil Finance Indonesia bonds following the listing on Wednesday (08/05). This finance company issued Indomobil Finance Indonesia Sustainable Bonds IV with a nominal value of IDR 336 billion.
Bonds rated idA (Single A) entrust the role of trustee to Bank Mega Tbk (MEGA IJ). Along with Indomobil Finance, there are also bonds from another finance company, Bussan Auto Finance. The company issued Sustainable Bonds I Bussan Auto Finance Phase I Year 2020 and Sustainable Sukuk Mudharabah I Bussan Auto Finance Phase I Year 2020.
The issuance values of these two securities are IDR 100 billion and IDR 15 billion, respectively. Fitch Ratings Indonesia (Fitch) provides an AAA (idn) or Triple A rating for these two types of securities. Bank Mandiri Tbk (BMRI IJ) acts as Trustee for the issuance of Bussan Auto Finance debt securities.
Following on Friday (08/07) Waskita Karya Tbk (WSKT IJ) listed the Sustainable Bonds IV Waskita Karya Phase I 2020. The value of the bond issuance from this construction company is IDR 135.5 billion. Fitch has assigned a BBB (idn) (Triple B) rating for this bond with the trustee of Bank Mega.
Often with the recording of the 5 series of debt securities, the total recorded issuance of bonds and sukuk throughout 2020 is 50 issuances from 35 companies. The total emission value for this year is IDR 39.28 trillion. Meanwhile, the total Bond and Sukuk issuances listed on the IDX to date are 439 issuances with an outstanding value of IDR 423.17 trillion and USD 47.5 million.
All these bonds come from 120 issuers. Government Securities (SBN) listed on the IDX total 96 series with nominal values of IDR 3,177.01 trillion and USD 400 million. Asset Backed Securities (EBA) of 10 emissions worth IDR 8.37 trillion.