Danantara Denies Obligation for Indonesians to Buy Patriot Bonds

Rumors circulating that Indonesians with savings exceeding Rp3 billion are required to purchase Patriot Bonds or Merah Putih Bonds have been definitively refuted by Dony Oskariahas, CEO of Danantara Indonesia Investment Management Agency. Oskariahas stated clearly that the information is false and constitutes a hoax, emphasizing that there are no government plans to mandate such purchases.

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The information is not true. The issue is a hoax. There are no plans for the government to oblige Indonesians with savings exceeding Rp3 billion to purchase Patriot Bonds or Merah Putih Bonds.

These bonds, the Patriot Bond and Merah Putih Bond, are presented as investment products aimed at attracting public and investor interest in financing national development. While designed for those looking to contribute to the country's growth, Danantara and the government are committed to transparency and good governance, ensuring individuals retain the freedom to make their own investment decisions.

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The government and Danantara are committed to implementing all investment policies in accordance with the principles of transparency, good governance, and respecting the rights of the public in making investment decisions.

Finance Minister Purbaya Yudhi Sadewa corroborated this, confirming the absence of any obligation. However, he indicated that the government is preparing special incentives to make these debt securities more attractive to potential investors. This approach aims to encourage voluntary participation rather than enforce it, aligning with principles of market-driven investment.

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There is no obligation, but they will be given incentives so that it is attractive to those who have money.