Indonesia Foreign Reserves Capital Inflow from Government Bond reaches IDR 9.5 Trillion
The Central Bank announced Indonesia foreign reserve for the period May 2020 at USD 130.5 Billion. The number improved from April position of IDR 127.9 Billion.
SUN Auction Result CDS moves away, boosts interest for FR0082
Indonesian 10-year CDS was closed at 213.32 or an improvement from the highest level of 400 in mid-March 2020. This indicates a lower investment risk profile in Indonesia.
May Inflation Extended Large-Scale Social Distancing Suppresses Inflation
Central Bureau of Statistics recorded a 0.07% inflation MoM in May 2020 and 2.19% YoY. With this figure, Inflation stood at low level of 0.91% YtD.
Corona Crisis Hits Hardest Indonesia’s Economy Counting on Government’s Stimulus
The unprecedented corona shock to spread since the early of March 2020 throws all-across economic sectors into disarray and exaggerates jitters of the severe damages it brings into the global and domestic financial sector.
Fixed Income | The Government Wins FR0081 for Relief Measures
The Government won the total amount awarded of IDR22.2 trillion from seven series of Government Debt Securities (SUN) on Tuesday’s auction. The proceeds from SUN auctioned on Tuesday were greater than was that of the proceeds from SUN auctioned in the prior two weeks.
Fixed Income | High CoF Suppress Last Auction of 1Q20
The Dow Jones pointed to a 2.24% gain to close at 21,413 amid the negative impacts of COVID-19 containment by means of the physical distancing. Back to the domestic backdrop, IHS Markit reported Indonesia PMI in March 2020 to stand at 45.3.
Bank Rakyat Indonesia Tbk (BBRI) Keeps Liquidity in Check
BBRI’s NIM hikes 2 bps QoQ, backed by Cost of Fund (CoF) declining by 1 bps QoQ.
Weekly Fixed Income | Jul 15 2019
Foreign investors pulled their money of IDR0.30 trillion out of Indonesian government sovereign bonds (SBNs) investment.
Weekly Fixed Income | Jul 08 2019
Sovereign bonds (SBN) attracted IDR2,802.4 trillion worth of foreign funds.
