Selasa, Januari 30, 2024

KPEI Normalizes Regular Securities Lending and Borrowing Fees

The Board of Directors of PT Kliring Penjaminan Efek Indonesia ("KPEI") has issued Circular No. SE–001/DIR/KPEI/0124 on Fee Normalization for Regular Securities Lending and Borrowing (Pinjam Meminjam Efek Reguler - "PME Reguler"), which has been in force since 2 January 2024.

This new circular has now normalized the fees that are applicable to PME Reguler. These new fees Break down as follows: 1) Borrowing fee rate (i.e. the fee rate that is charged to borrowers) of 15% p.a. for PME Reguler systems; 2) Lending revenue rate (i.e. the revenue rate earned by lenders) of 12% p.a. for PME Regular systems; and 3) The lending revenue rate and borrowing fee rate for PME Front End systems remains unchanged, i.e. lenders can offer stock loans at lending revenue rates of between 4% and 17% p.a., while borrowers can borrow stock at borrowing fee rates of between 5% and 20% p.a.
It should be noted that a further explanation of the new circular is available through the following email address: [email protected].

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The Board of Directors of PT Kliring Penjaminan Efek Indonesia ("KPEI") has issued Circular No. SE–001/DIR/KPEI/0124 on Fee Normalization for Regular Securities Lending and Borrowing (Pinjam Meminjam Efek Reguler - "PME Reguler"), which has been in force since 2 January 2024.

This new circular has now normalized the fees that are applicable to PME Reguler. These new fees Break down as follows: 1) Borrowing fee rate (i.e. the fee rate that is charged to borrowers) of 15% p.a. for PME Reguler systems; 2) Lending revenue rate (i.e. the revenue rate earned by lenders) of 12% p.a. for PME Regular systems; and 3) The lending revenue rate and borrowing fee rate for PME Front End systems remains unchanged, i.e. lenders can offer stock loans at lending revenue rates of between 4% and 17% p.a., while borrowers can borrow stock at borrowing fee rates of between 5% and 20% p.a.
It should be noted that a further explanation of the new circular is available through the following email address: [email protected].

......

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