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Close of May 16, 2022 |
Change From | |||
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Govt. Bond Yields | Latest Yield | Previous Day | Previous Week | YTD |
2 Year | 6.216 | 0.0 | ▲ 84.9 | ▲ 209.1 |
5 Year | 6.831 | 0.0 | ▲ 23.7 | ▲ 173.2 |
10 Year | 7.383 | 0.0 | ▲ 10.1 | ▲ 100.1 |
* Government bond yield changes are expressed in basis points. |
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Currencies | Latest Rate | Previous Day | Previous Week | YTD |
IDR per USD | 14,697.000 | ▼ 0.6 | ▼ 0.9 | ▼ 3.0 |
IDR per JPY | 113.789 | ▼ 0.6 | ▼ 1.7 | ▲ 8.2 |
* Exchange rate changes are expressed as a percentage change. |
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Interest Rates | Latest Rate | Previous Day | Previous Week | YTD |
1D INDONIA | 2.794 | 0.0 | ▲ 1.1 | ▲ 1.1 |
3M JIBOR | 3.750 | 0.0 | ▲ 0.1 | 0.0 |
* Interest rate changes are expressed in basis point change. |
Change From | ||||
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Policy Rates | Latest Rate (19-Apr-2022) |
Previous Rate (17-Mar-2022) |
YTD Rate |
|
Bank Indonesia 7-day Reverse Repo Rate |
3.500 | 0.0 | 0.0 | |
* Policy rate changes are expressed in basis point change. |
Agency | Rating | Outlook | Date | |
---|---|---|---|---|
Regional Rating Institutions | ||||
R&I | BBB+ | stable | 2020-03-17 | |
RAM | BBB2 | stable | 2019-10-31 | |
Non-Regional Rating Institutions | ||||
Fitch | BBB | stable | 2021-11-22 | |
S&P | BBB | negative | 2021-04-22 | |
NEWS HIGHLIGHTS
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BOND ISSUANCES
ASEAN+3 Bond Market Guide is a comprehensive explanation of the region's bond markets. It provides information such as the history, legal and regulatory framework, specific characteristics of the market, trading and transaction (including settlement systems), and other relevant information. The Bond Market Guide 2017 for Indonesia is an outcome of the support and contributions of ASEAN+3 Bond Market Forum members and experts, particularly from Indonesia. View Report
* Download previous issues PDF | ||||
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2009 | Nov | Sep |
The outstanding stock of local currency (LCY) bonds in Indonesia totaled IDR5,314.5 trillion (USD372.6 billion) at the end of December, expanding 4.4% quarter-on-quarter (q-o-q) and 17.7% year-on-year in the fourth quarter (Q4) of 2021. Much of the growth was driven by government bonds issued to support fiscal spending to strengthen the economic recovery.
LCY corporate bond issuance reached IDR31.2 trillion in Q4 2021, contracting 4.4% q-o-q but expanding 45.1% year-on-year. Corporate bond issuance outpaced maturities during the quarter, resulting in a slight q-o-q uptick in the total LCY corporate bond stock at the end of December. Indah Kiat Pulp & Paper led all new corporate issues in Q4 2021, tapping the bond market twice (October and December) and raising a total of IDR6.8 trillion
In January, Bank Indonesia announced a series of upward adjustments to the reserve requirement ratio for conventional commercial banks, shariah banks, and shariah business units. The move was made as part of the normalization of liquidity policy. Adjustments to the reserve requirement ratio will be conducted gradually with effect on 1 March, 1 June, and 1 September. The corresponding adjustments in the rupiah reserve requirement ratio for conventional commercial banks will be from the current 3.5% to 5.0%, 6.0%, and 6.5%. For shariah banks and business units, the reserve requirement ratio will be raised from 3.5% to 4.0%, 4.5%, and 5.0%, over the same period.