Daily Commentary (9-Nov): INDOGB rally paused on Friday as foreign posted the first net outflow in the last two weeks. According to PLTE data, foreign reported net sell of Rp373bn - mostly coming from non-benchmark series; as for benchmark series, foreign still reported net buy of Rp879bn. Trading volume was...
Daily Commentary (7-Nov): According to PLTE data on Wednesday, foreign has kept posting net buy of INDOGB by Rp2tn, - mostly equal between benchmark and non-benchmark series. As a result, the 5yr FR63 was traded at 91.7 (+0.4%), yielding 7.85% (-10.9 bps); the 10yr FR64 at 87.3 (+0.6%), yielding...
Daily Commentary (6-Nov): As expected, demand in the latest auction on Tuesday remained solid, almost 6 times the Government’s initial target (vs. 4.8 times in the previous auction). The candidate benchmark series for next year, i.e. 5yr FR77 and 10yr FR78, still attracted high demand, totaling Rp15.1tn and Rp16.6tn,...
All rupiah asset classes gained on Friday as rising global risk on sentiment continued. All the benchmark bond series were up, sending bond yields to continue going lower. The 5yr FR63 was traded at 90.7 (+0.4%), yielding 8.11% (-11.3 bps); the 10yr FR64 at 85.9 (+1.1%), yielding 8.29% (-15.5...
Daily Commentary (1-Nov) INDOGB continued its rally in the first day of November. All the benchmark bond series were up, sending bond yields to continue going lower. On Monday the 5yr FR63 was traded at 90.3 (+0.6%), yielding 8.23% (-15.9 bps); the 10yr FR64 at 85(+1.1%), yielding 8.44% (-15 bps);...
Daily Commentary (31- Oct): All rupiah asset classes closed with gains by end of October. The benchmark for 5yr, the 5yr FR63 was traded at 90.1 (+0.4%), yielding 8.29% (-10.2 bps); the 10yr FR64 at 84.37(+0.2%), yielding 8.58% (-13.2 bps); the 15yr FR65 at 82.6 (+0.5%), yielding 8.76% (-6.1 bps);...
7-Day Reverse Repo Rate Unchanged at 5.75%At the Bank Indonesia Board of Governors meeting on 23 October 2018, Bank Indonesia decided to maintain its 7-day Reverse Repo Rate (BI7D RRR) at 5.75%. This decision is consistent with efforts to keep the deficit within a safe limit and...
Highlights: Danareksa government bonds yield index menurun 1.68bps dari 8.655% menjadi 8.639% Yield obligasi Indonesia melemah karena investor global membeli utang negara untuk hari kelima berturut-turut. Rupiah stabil. Yield10 tahun bangsa turun 2bps menjadi 8,67%. Dana luar negeri membeli bersih 5,8t rupiah ($ 379,8m) dalam obligasi Indonesia pada 25 Oktober, hari...
Latest bids in sukuk auction remained solid. Total bids in the last sukuk auction on 16-Oct continued to increase to Rp13.9tn (vs. Rp10.4tn in the previous sukuk auction on 2-Oct and average total bids per sukuk auction ytd of Rp12.8tn). So far, the biggest bids still came from 6mo...
PLN kembali berhasil menerbitkan Global Bond senilai kurang lebih USD1,5 milyar, yang akan digunakan untuk mendanai kebutuhan Investasi dan kebutuhan Program 35 GW (18 oktober 2018). Pilihan pendanaan ini cukup tepat mengingat sebagian besar kebutuhan investasi peralatan pembangkit listrik masih harus diperoleh dari Luar Negeri. Global Bond tersebut diterbitkan sekaligus...