DEPOSITS FROM OTHER BANKS - DEMAND AND SAVING DEPOSITS
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2012 AND 2011
Expressed in millions of Rupiah, unless otherwise stated
Appendix 599 29. MARKETABLE SECURITIES ISSUED
By Type and Currency:
2012 2011
Rupiah: Bonds
552,000 775,000
Subordinated Notes Syariah Mudharabah 500,000
673,000 Mandiri travelers’ cheques
295,512 415,613
Medium Term Notes MTN 200,000
350,000 Others
564 564
Total 1,548,076
2,214,177 Less: Unamortised issuance cost
2,200 2,589
1,545,876 2,211,588
Bonds
On 20 May 2011, the Bank’s subsidiary PT Mandiri Tunas Finance issued and registered Mandiri Tunas Finance Bonds VI Year 2011 Bonds VI on the Indonesian Stock Exchange formerly the
Surabaya Stock Exchange with a nominal value of Rp600,000 which consist of these respective 4 four series:
Bonds Nominal Value
Fixed Interest Rate per Annum
Maturity Date
Series A 48,000
8.60 23 May 2012
Series B 52,000
9.60 19 May 2013
Series C 350,000
10.00 19 May 2014
Series D 150,000
10.70 19 May 2015
Mandiri Tunas Finance Bonds VI Year 2011 Series A for Rp48,000 had been paid at the time of maturity.
The trustee for Mandiri Tunas Finance Bonds VI Year 2011 is PT Bank Mega Tbk. On 8 February 2008, PT Tunas Financindo Sarana starting 20 August 2009, changed its name into
PT Mandiri Tunas Finance, a Subsidiary, issued Tunas Financindo Sarana Bonds V Year 2008 with a nominal value of Rp600,000, where the principal amounts would be fully paid at the maturity dates
of these respective 4 four series:
Bonds Nominal Value
Fixed Interest Rate per Annum
Maturity Date
Series A 350,000
10.00 27 February 2009
Series B 25,000
10.50 20 February 2010
Series C 50,000
11.00 20 February 2011
Series D 175,000
11.25 20 February 2012
Tunas Financindo Sarana Bonds V Year 2008 of Series A amounting to Rp350,000, Series B amounting to Rp25,000, Series C amounting to Rp50,000 and Series D amounting to Rp175,000 had
been fully paid at their maturity dates.
The trustee for Tunas Financindo Sarana Bonds V Year 2008 is PT Bank Mega Tbk.
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 31 DECEMBER 2012 AND 2011
Expressed in millions of Rupiah, unless otherwise stated
Appendix 5100 29. MARKETABLE SECURITIES ISSUED continued
Subordinated Notes Syariah Mudharabah
On 19 December 2011, PT Bank Syariah Mandiri BSM conducted a limited offering and sale of Sukuk Subordinated Notes Syariah Mudharabah Year 2011 “BSM subnotes” with a nominal value of to
Rp500,000. The period of these BSM subnotes is 10 ten years with call option on the 5
th
fifth year starting the issuance date. The issuance of BSM Subnotes is conducted in 3 three phases, as follows:
- Phase I dated 19 December 2011 with a nominal amount of Rp75,000
- Phase II dated 19 December 2011 with a nominal amount of Rp275,000
- Phase III dated 19 December 2011 with a nominal amount of Rp150,000
On 31 January 2007, BSM conducted a limited offering and sale of Subordinated Notes Syariah Mudharabah Year 2007 “BSM Subnotes” with a nominal value of to Rp200,000. The period of these
BSM subnotes is 10 ten years with call option on the 5
th
fifth year starting from the issuance date. The issuance of BSM Subnotes is conducted in 3 three phases, as follows:
- Phase I dated 31 January 2007 with nominal amount of Rp105,000
- Phase II dated 27 February 2007 with nominal amount of Rp65,000
- Phase III dated 5 April 2007 with nominal amount of Rp30,000
Medium Term Notes MTN
In order
to support
its consumer
financing expansion,
on 16
February 2010,
PT Mandiri Tunas Finance, a Subsidiary, issued Medium Term Notes MTN II amounting to Rp350,000, with a fixed interest rate of 11.60 per annum. MTN II has an effective period of 2 two years starting
from 16 February 2010 and had been paid at the time of maturity on 16 February 2012.
On 24 January 2012, Subsidiary had issued and registered Medium Term Notes MTN III amounting to Rp200,000 with a fixed interest rate of 9.95 per annum, at Kustodian Sentral Efek Indonesia KSEI.
MTN III has 3 three years effective period starting from 2 February 2012 to 2 February 2015.
2012
Interest Maturity
Tenor Rate
Type Arranger
Date months
Per Annum Nominal Amount
Medium Term Notes III
PT UOB Kayhian Securities 2 February 2015
36 9.95
200,000 200,000
2011
Interest Maturity
Tenor Rate
Type Arranger
Date months
Per Annum Nominal Amount
Medium Term Notes II
PT Mandiri Sekuritas 16 February 2012
24 11.60
350,000 350,000
Subsidiary had paid the interest of the above marketable securities issued in accordance to the interest payment schedule for the period from 1 January 2012 to 31 December 2012.
For the period from 1 January 2012 to 31 December 2012, Subsidiary had fulfilled the covenants as stipulated in the agreements unaudited.
Included in marketable securities issued above are transactions with related parties as at 31 December 2012 and 2011 amounting to Rp205,000 and Rp158,000, respectively refer to Note 54.