SRBI Now Included on List of Highly-Valued Securities Permitted to Be Placed as PLJP Collateral

Previously, Bank Indonesia (“ BI ”) introduced a number of applicable provisions that specifically address short-term liquidity loans (Pinjaman Likuiditas Jangka Pendek- “ PLJP ”) through the issuance of Regulation Indonesia No. 4 of 2023 on Short-Term Liquidity Loans for Conventional Commercial Banks (“ Regulation 4/2023 ”). [1] Among the five types of collateral that are permitted to secure PLJP under Regulation 4/2023 are highly-valued securities (“ Securities ”). These Securities break down into the following types: [2]