SECURITIES SOLD UNDER REPURCHASE AGREEMENTS
PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2009, 2008 AND 2007
Expressed in millions of Rupiah, unless otherwise stated
Appendix 581 25. MARKETABLE SECURITIES ISSUED continued
Bonds
On 8 February 2008, PT Tunas Financindo Sarana since 20 August 2009, changed its name to PT Mandiri Tunas Finance, a subsidiary since 6 February 2009, issued Tunas Financindo Sarana
Bonds V Year 2008 with a nominal value of Rp600,000, where the principal will be paid in installments at the maturity date on these following 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
The Tunas Financindo Sarana Bonds V Year 2008 of Series A amounting to Rp350,000 has been fully paid at the maturity date.
On 13 February 2007, PT Tunas Financindo Sarana issued Tunas Financindo Sarana Bonds IV Year 2007 with a nominal value of Rp600,000. The bond’s principal installments will be paid at the maturity
date on these following series:
Bonds Nominal Value
Fixed Interest Rate
per Annum Maturity Date
Series A 150,000
10.00 27 February 2008
Series B 100,000
10.40 22 February 2009
Series C 350,000
11.00 22 February 2010
The Tunas Financindo Sarana Bonds IV Year 2007 of Series A amounting to Rp150,000 and Series B amounting to Rp100,000 have been fully paid at their maturity dates.
Medium Term Notes MTN
Details of MTN are as follows: Rupiah
2009
Interest Maturity
Tenor Rate
Type Arranger
Date months
Per Annum Nominal Amount
Medium Term PT Mandiri Manajemen
Notes Investasi
18 November 2011 48
11.60 250,000
250,000
In order to support its consumer financing expansion, on 18 November 2009 PT Mandiri Tunas Finance, a Subsidiary, issued MTN amounting to Rp250,000 to PT Mandiri Manajemen Investasi with a fixed rate
interest of 11.60 per annum. This MTN has 2 years period, effective since 18 November 2009 to 18 November 2011.
PT BANK MANDIRI PERSERO Tbk. AND SUBSIDIARIES NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
31 DECEMBER 2009, 2008 AND 2007
Expressed in millions of Rupiah, unless otherwise stated
Appendix 582 25. MARKETABLE SECURITIES ISSUED continued
Foreign currency
2007
Interest Nominal Amount
Type Maturity
Tenor Rate
USD Rupiah
ISIN No Arranger
Date months
Per Annum full amount
equivalent MTN
Credit Suisse First XS0167272375
Boston Europe Ltd., London, 22 April 2008
60 7.00
299,466,824 2,812,892
UBS Hong Kong and PT Mandiri Sekuritas
Less: - Marketable securities issued and held by
Bank Mandiri and Subsidiaries 10,017,641
94,096 289,449,183
2,718,796 - Unamortised discount
96,115 903
289,353,068 2,717,893
Bank Mandiri has issued MTN amounting to USD300,000,000 full amount with interest of 7.00 per annum at price of 99.482 and with a maturity date of 22 April 2008. The MTN with nominal value of
USD300,000,000 full amount has been hedged with an interest rate swap instrument. The MTN is presented at fair value as a result of adjustment from the hedging transaction. This MTN matured in
April 2008 and has been fully paid amounting to USD300,000,000 full amount by the Bank.
Sharia Bonds
On 31 October 2003, Bank Syariah Mandiri, a Subsidiary, issued Sharia Bonds Mudharabah that has 5 five years period, with nominal value Rp200,000 and profit sharing that is paid every 3 three months,
first profit sharing payment was on 30 January 2004 and matured on 31 October 2008. Quarterly profit sharing paid was taken from margin income of Bank Syariah Mandiri that came from murabahah
portfolio earned from 1 one quarter. The bonds have been fully paid at the maturity.
On 31 January 2007, Bank Syariah Mandiri conducted a limited offering and selling of Subordinated Notes Sharia Mudharabah 2007 Subnotes Bank with maximum nominal value of Rp200,000. The
Subnotes Bank has 10 years tenor with a call option on the fifth year after the issuance date. The indicated Nisbah for Subnotes Bank holder is equivalent with 21.93 per annum from profit sharing.
The Subnotes Bank’s profit sharing is paid quaterly since the issuance date. On 5 April 2007, the Subnotes Bank has been realised for Rp200,000 and will be matured in 2017.
Short-Term Marketable Securities
On 6 November 2008 PT Mandiri Sekuritas, a Subsidiary, issued short-term marketable securities with a fixed interest rate of 16.00 per annum, payable monthly commencing since 30 November 2008. The
short term marketable securities have nominal value Rp37,400 and issued at par. The short-term marketable securities already matured on 28 February 2009 and has been fully paid.