PT Sarana Multigriya Finansial or SMF, a state company own by Indonesian government, plans to offer bond worth of Rp2.5 trillion (US$174.82 million) on August 22, 2019, part of its Rp19 trillion bond issue profram. PT BNI Sekuritas, PT Danareksa Sekuritas, PT Indo Premier Sekuritas and PT RHB Sekuritas Indonesia are acting as underwriters. The bonds have two series with tenor of 3 and 5 years, offering annual coupon rates at 7.8% and 8.1% respectively.