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Indonesia: SMF targets retail investors with new participation certificates

State-owned secondary mortgage financing firm PT Sarana Multigriya Finansial (SMF) on Thursday launched a series of participation certificates for asset-backed securities, the EBA-SP BTN 01, in a move that aims to increase its issuance of asset-backed securities (EBA) for retail investors. SMF is collaborating with BNI Sekuritas to utilize the latter’s customer base and extensive marketing network in order to attract […]

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