JAKARTA - Five bonds from five listed issuers will mature in October. Surprisingly, the first bond, belonging to the telecommunications company PT XL Axiata Tbk (EXCL), will not be paid until the middle of the month. The bond debt of XL Axiata has now reached IDR 131 billion, and it will be paid to investors on October 16.

Following that, on October 21, bonds worth IDR 904.51 billion from PT Indah Kiat Pulp & Paper Tbk (INKP) will mature. Indah Kiat is an issuer that is involved in the production of pulp and paper. The following day, on October 22, PT Sinar Mas Agro Resources and Technology Tbk (SMAR), also known as PT SMART Tbk, will pay IDR 280 billion in bond debt. PT SMART is a subsidiary of the Sinar Mas Group, which is involved in agribusiness, particularly palm oil.

The bonds that will mature in the last week, on October 26, are from PT Bank Maybank Indonesia Tbk (BNII), a private bank that is part of Maybank ASEAN, and total IDR 75 billion. Finally, the largest bond in this period will mature at the end of the month, on October 31, to be precise, an IDR 1 trillion bond from PT Tower Bersama Infrastructure Tbk (TBIG). It should be noted, however, that the net cash flow of this telecommunications infrastructure issuer was around IDR 909 million as of June 2023. (KD)

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