The Attorney General said that this regulation was part of government policy in the latest PPSK Law.
In the new regulation, the state is said to guarantee and protect the purchase of special debt securities from general criminal charges, special criminal charges including taxation, and even civil lawsuits.
Apart from that, data on the purchase of special debt securities cannot be used as a basis for taxation or as legal evidence in court.
However, this protection only applies to transactions in the primary market.
This regulation also opens up space for investors to transfer or guarantee their special debt securities.
Danantara itself previously issued long-term debt securities worth IDR 7 trillion with a fixed coupon of 2% per year, consisting of two series with tenors of 5 years and 7 years.
In your opinion, this kind of protection can attract more investors?
Or does it actually need to be closely monitored so as not to create legal loopholes?
Source: Bloomberg
