Page 442 - 2019 6th AFIS & ASMMA

▧ Refinancing
SMF refinancing program is designated to provide loan for mortgage lender
to support origination of subsidized and commercial mortgages. Refinancing
program has been disbursed to Commercial Banks, Regional Banks, Sharia
Banks and Multi-finance. - Outstanding balance of refinancing : IDR 17,073
billion (as of June 2019) or USD 1,208 million.- Accumulated amount of
refinancing : IDR 42,691 billion (as of June 2019) or USD 3,022 million.-
Indonesia Accumulated number of mortgage debtors as of June 2019 : 775 thousand
debtors.

▧ Issuance of Debt Securities

The issuance of debt securities is part of the SMF’s liquidity management
strategy in order to perform its role as the medium/long term fund provider
for banks and nonbank financial institutions which originate mortgages. For
| COMPANY |
the 1st semester in 2019, SMF has issued bonds of IDR 4,862 billion or USD
PT Sarana Multigriya Finansial (Persero)
344.2 million.Accumulated bond issuance until June 30, 2019 is IDR 29,632
billion or USD 2,097 million.
| CEO |
Ananta Wiyogo

» Vision

To become an independent entity that supports decent and affordable
home ownership for every Indonesian family

» Main Business Session I
▧ Securitization
Through securitization transaction, SMF facilitates sale of mortgages
from originator which will be transformed into capital market securities.-
Outstanding balance of MBS : IDR 2,953 billion (as of June 2019) or USD
209 million.- Accumulated amount of MBS issued : IDR 10,155 billion (as of
June 2019) or USD 718.9 million.

444 2019 6th AFIS & ASMMA Annual Meeting 445