Our business unit provides bond transactions in both the primary and secondary market. Its activity in the primary market is in relation to Trimegah Sekuritas′ role as lead underwriter and/or as underwriter of bonds, and/or as a participant in government bond auction and as a selling agent of retail government bonds. In the secondary market, Trimegah Sekuritas is actively catering investors in bond transactions
Trimegah Sekuritas is one of the primary dealers for government bonds together with 14 banks and 3 other securities companies, with Trimegah Sekuritas being the only private securities company. As a primary dealer, Trimegah Sekuritas holds an exclusive right to participate in government bond auction and to participate in state bond debt-switching or redemption.
Fixed Income Trading′s clients are mostly comprised of institutions such as insurance companies, fund managers, pension funds, banks and other securities companies. Since 2006, retail clients began to actively participate in bond trading due to the increasing variety of retail investment products in the market that can accommodate retail clients. However, institutional investors still dominate the trading value.
- Government bond auction:
As a participant in the auction, Trimegah Sekuritas helps clients in the primary auction of government bond;
- Government Retail Bond and Sukuk Offering:
Trimegah Sekuritas was selected as one of the selling agents for the initial public offering of government retail bond (ORI) and also for Sukuk Retail (SR). Trimegah Sekuritas then distributes ORI and SR through its network in the head office and branches;
- Corporate Bond Offering:
Trimegah Sekuritas is one the most active corporate bond underwriters, and Fixed Income Trading serves as selling agents for bonds that it underwrites.
- Bond Brokerage
Trimegah Sekuritas helps clients in the secondary bond market, especially government and corporate bonds transactions by providing the best quality service
- Redemption auction and government bond switching
As an auction participant, Trimegah Sekuritas facilitates investors in the auction.