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Investor Guarantee (IG)

The Investor Guarantee (IG) is an alternative guarantee approach in which a financial guarantee insurance can be purchased by investors from Danajamin to protect against the risk of default / credit event in relation to a Bond / Sukuk that is enlisted under Danajamin’s investor guarantee programme (IG programme).

Potential issuers can apply to be enlisted into the IG programme. Danajamin will perform an underwriting assessment similar to the current approach prior to such enlistment. Once enlisted, Danajamin would stand-ready to issue the IG to any investor of the bond subject to payment of premium.
Investor Guarantee
Guarantee premiums are paid by the investors of the bond. The investor can decide on the amount, tenure and timing of purchase of the IG.

Upon crystallisation of a payout event (e.g. default), Danajamin will make a payout in exchange for the bonds held by the investor.

Benefits

The switch on option provides flexibility to investors to decide when credit protection is required
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Business Enquiry

Product Feature

Facilities Covered

  • Bond / Sukuk.

Type of Coverage

  • Guarantee is irrevocable and unconditional.
  • Guarantee to cover principal plus 1 coupon/profit payment.

Guaranteed Amount

  • As desired by the Investor.

Tenor

  • As desired by the Investor.

Premium

  • Paid annually in advance.
  • Responsibility for payment rests with the Issuer.

Claim Period

  • Within 30 days from expiry of guarantee coverage period.

Payout

  • Payout will be made within 10 business days from the date on which a claim is filed with Danajamin.

Business Enquiry

If you would like to know more about our guaranteed products, fill up the form below:
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