October 12, 2018
|Govt. Bond Yields||Latest Yield||Previous Day||Previous Week||YTD|
|2 Year||7.621||▲ 0.6||▼ 4.8||▲ 208.2|
|5 Year||8.499||▲ 9.6||▲ 26.3||▲ 253.5|
|10 Year||8.762||▲ 5.5||▲ 38.4||▲ 244.3|
* Government bond yield changes are expressed in basis points.
|Currencies||Latest Rate||Previous Day||Previous Week||YTD|
|IDR per USD||15,197.000||▲ 0.2||▼ 0.1||▼ 12.1|
|IDR per JPY||135.434||▲ 0.3||▼ 1.4||▼ 12.6|
* Exchange rate changes are expressed as a percentage change.
|Interest Rates||Latest Rate||Previous Day||Previous Week||YTD|
|1D JIBOR||5.840||▲ 6.2||▲ 16.2||▲ 194.0|
|3M JIBOR||7.459||▲ 1.9||▲ 8.9||▲ 197.6|
* Interest rate changes are expressed in basis point change.
|Policy Rates||Latest Rate
|Bank Indonesia 7-day
Reverse Repo Rate
|5.750||▲ 25.0||▲ 150.0|
* Policy rate changes are expressed in basis point change.
|Regional Rating Institutions|
|Non-Regional Rating Institutions|
ASEAN+3 Bond Market Guide is a comprehensive explanation of the regionís 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.
|* Download previous issues PDF|
Between 1 June and 15 August, local currency (LCY) government bond yields in Indonesia increased, resulting in the entire yield curve shifting upward. Global and domestic issues weighed on the domestic bond market, pushing yields higher during the review period. Positive economic conditions in the United States (US) continued to gain traction, signaling that the Federal Reserve is on track to proceed with its monetary policy normalization. Further exacerbating the global outlook were risks related to trade tensions between the US and the Peopleís Republic of China, and concerns that financial woes in Turkey could spark a contagion in other emerging markets, including Indonesia. On the domestic front, the continued weakness of the Indonesian rupiah and the wider current account deficit added pressure on yields.
The local currency bond market in Indonesia managed to expand in the second quarter of 2018 amid the volatility that prevailed in financial markets. The amount of outstanding bonds climbed to IDR2,611.4 trillion at the end of June, with growth slowing on both a quarter-on-quarter and year-on-year basis. At the end of June, the outstanding amount of LCY government bonds rose to IDR2,208.9 trillion †and the stock of corporate bonds climbed to IDR402.5 trillion.†
On 23 July, Bank Indonesia resumed issuance of 9-month and 12-month Sertifikat Bank Indonesia (SBI). The central bank sold IDR4.2 trillion of 9-month SBI and IDR1.8 trillion of 12-month SBI during the auction. The issuance of conventional SBI is expected to help attract foreign portfolio investment into the Indonesian market and provide more diversity in the instruments being issued by the central bank. Since December 2016, only Sharia-compliant SBI had been issued on a monthly basis.
1 - 20 of 425 results