TEMPO.CO, Jakarta - The Indonesian government guarantees and protects buyers of Patriot Bonds and Merah Putih Bonds issued by the Danantara Investment Management Agency from legal claims. This provision is stipulated in Article 50A paragraph (5) of Law Number 4 of 2026 concerning Amendment to Law Number 4 of 2023 concerning the Development and Strengthening of the Financial Sector (UU P2SK).
The guarantee can be provided as long as the transaction is valid in the national financial system. "The state guarantees and protects the purchase of special debt instruments as referred to in paragraph (a) from criminal prosecution, special prosecution, including tax prosecution, and from civil lawsuits," quoted from Article 50A paragraph (5) of UU P2SK.
According to Article 50A, paragraph 2, Danantara has the right to issue debt securities or bonds. These debt securities include special types, such as the Patriot Bonds and the Merah Putih Bonds.
The issuance of the Patriot and Merah Putih Bonds is carried out by establishing management policies, strategies, and risk controls. These are managed in accordance with the principles of professional, accountable, and legitimate business considerations. Purchase data for bonds cannot serve as the basis for taxation or as legal evidence in court.
"The provisions referred to in paragraphs (5) and (6) apply to transactions carried out in the primary market," as quoted from Article 50A paragraph (7).
In the following paragraph, investors can transfer and pledge Patriot Bond and Merah Putih Bond. The concerned investors also include taxpayers who participated in the tax amnesty and voluntary disclosure program, in accordance with the relevant laws and regulations.
"Further provisions regarding the issuance of special debt securities as referred to in paragraph (2) letter b are regulated in Government Regulations," as quoted from Article 50A paragraph (10).
Previously, the revision of UU P2SK was ratified by the House of Representatives (DPR) on June 17, 2026. The law document was also signed by President Prabowo Subianto on the same day.
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