Live Breaking News & Updates on 023 Estimated Electronic Bonds Distribution Date October 12

JAKARTA, Indonesia, Oct. 4, 2023 /PRNewswire/ PT Bank Rakyat Indonesia (BRI) Persero Tbk. (IDX: BBRI) has issued an IDR 6 trillion Green Bonds for 2023, with three series: 1-year (6.10% coupon rate), 2-year (6.35% coupon rate), and 3-year (6.30% coupon rate). This issuance follows the fund usage framework set by the Financial Services Authority Regulation No. 60/POJK.04/2017. BRI Strengthens Commitment to Sustainable Finance with New Green Bonds The 2023 Green Bonds Phase II was oversubscribed 2.66 times during the book-building period, reaffirming BRI as Indonesia's largest domestic green bonds issuer after an IDR 5 trillion issuance in 2022. Proceeds from the Green Bonds issuance will mainly support renewable energy, energy efficiency, pollution control, eco-friendly transportation, and sustainable land use projects. This highlights BRI's commitment to a Green Economy and Sustainable Principles, with previous issuances including Sustainable Bonds, Sustainable-Linked Loans, ....

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