Tim Pengembangan Pasar Surat Utang (TPPSU) telah meluncurkan Kontrak Berjangka
\nSurat Utang Negara (KBSUN) sebagai instrument investasi baru di Pasar Modal
\nIndonesia. Tim ini terdiri Otoritas Jasa Keuangan (OJK), Bank Indonesia (BI), Direktorat
\nJenderal Pengelolaan Pembiayaan dan Risiko Kementrian Keuanga (DJPPR \u2013
\nKemenkeu), Bursa Efek Indonesia (BEI), Kliring Penjaminan Efek Indonesia
\n(KPEI), Kustodian Sentral Efek Indonesia (KSEI), dan Penilai Harga Efek
\nIndonesia (PHEI)<\/p>\n
KBSUN merupakan salah satu instrument investasi tambahan yang
\nbersifat lindung nilai dalam perbankan, reksa dana, investor institusional,
\ndana pensiun, dan perusahaan asuransi yang berfungsi untuk menjaga risiko
\ninvestasi Surat Utang Negara (SUN). Dalam implementasi tahap awal, aset dasar
\nyang digunakan dalam investasi KBSUN adalah seri acuan 5 tahun dan SUN dengan
\nseri acuan 10 tahun. Saat ini nilai outstanding Surat Utang yang tercatat di
\nBEI Per 31 Maret 2017 mencapai Rp 2.216 triliun dimana terdiri dari 85,33%
\nSurat Berharga Negara dan 14,62% obligasi korporasi.<\/p>\n
Dalam perkembangan pasar obligasi atau surat utang di Indonesia.
\nPerbankan, reksa dana, investor institusional, dana pensiun, dan perusahaan
\nasuransi sedang menanggung porsi besar risiko tingkat suku bunga dari investasi
\nmereka pada obligasi atau Surat Utang. Direktur Perdagangan dan Pengaturan
\nAnggota Bursa BEI Alpino Kianjaya mengharapkan kontrak berjangka yang sedang
\ndiluncurkan mampu menjadi sarana lindung nilai bagi investor. Sarana ini untuk
\ninvestor yang ingin melindungi portofolio mereka di pasar surat utang dari
\nkenaikan yield atau penurunan harga.<\/p>\n
Menurut Alpino, peluncuruan KBSUN dilakukan untuk menambah ragam
\nproduk investasi di pasar modal Indonesia serta meningkatkan likuiditas pasar
\nsurat utang. KBSUN juga menambah kesempatan bagi investor untuk lindung nilai
\natau mengelola risiko inheren pada portofolio mereka. Manajer portofolio
\ndiharapkan dapat memperoleh manfaat dari produk ini. Juga mereka dapat
\nmenggunakan KBSUN untuk menaikkan atau menurunkan total modified duration pada portofolio disebabkan parallel suku Bunga
\nakan memiliki dampak yang kecil terhadap nilai portofolio.
\nPeluncuran KBSUN didukung pula oleh Anggota Bursa Derivatif yang telah
\nmempersiapkan sarana dan prasarana untuk mendukung perdagangan KBSUN. Anggota
\nyang tergabung dengan Bursa Derivatif adalah Binaartha Sekuritas, Henan
\nPutihrai Sekuritas, Nikko Sekuritas Indonesia, Pacific 2000 Sekuritas, RHB
\nSekuritas Indonesia, Trimegah Sekuritas Indonesia, Universal Broker Sekuritas
\nIndonesia, dan Valbury Sekuritas Indonesia.\u00a0Tentu saja peluncuran produk
\nini didukung pula dengan diterbitkannya aturan yang mengatur perdagangan, serta
\nperaturan kliring dan penjaminannya yang telah disetujui oleh OJK.___Sumber<\/p>\n
\u00a0<\/p>","protected":false},"excerpt":{"rendered":"
Tim Pengembangan Pasar Surat Utang (TPPSU) telah meluncurkan Kontrak Berjangka Surat Utang Negara (KBSUN) sebagai instrument investasi baru di Pasar […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[13],"tags":[],"class_list":["post-3010","post","type-post","status-publish","format-standard","hentry","category-informasi"],"_links":{"self":[{"href":"https:\/\/himdasun.or.id\/en\/wp-json\/wp\/v2\/posts\/3010","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/himdasun.or.id\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/himdasun.or.id\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/himdasun.or.id\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/himdasun.or.id\/en\/wp-json\/wp\/v2\/comments?post=3010"}],"version-history":[{"count":0,"href":"https:\/\/himdasun.or.id\/en\/wp-json\/wp\/v2\/posts\/3010\/revisions"}],"wp:attachment":[{"href":"https:\/\/himdasun.or.id\/en\/wp-json\/wp\/v2\/media?parent=3010"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/himdasun.or.id\/en\/wp-json\/wp\/v2\/categories?post=3010"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/himdasun.or.id\/en\/wp-json\/wp\/v2\/tags?post=3010"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}