Trading volume is an indicator of market activity. It is the USD value of local currency government and corporate bonds transacted in the secondary markets.
In cases where outstanding stock is growing rapidly, however, the turnover ratio would provide a better measure of trading activity and market liquidity. The turnover ratio indicates the frequency at which outstanding issues have been traded in the market.
1. Government and corporate bonds include all bonds listed on the Indonesia Stock Exchange. Government bonds include treasury bills and bonds.
2. End-of-period exchange rates are from Bloomberg LP.
Directorate General of Budget Financing and Risk Management, Ministry of Finance and Indonesia Stock Exchange and Bloomberg LP.