Danareksa Debt Research Daily Reports Thursday, October 18, 2018 Highlights: Danareksa government bonds yield index decreased 7.97bps from 8.683% to 8.604% Indonesia’s government bonds rally after the finance minister says the budget deficit could be lower than 2% of GDP this year. Signs of improving risk sentiment among EM assets also buoyed...
Danareksa Debt Research Daily Reports Wednesday, October 17, 2018 Highlights: Danareksa government bonds yield index was down 1.36bps from 8.699% to 8.686% President Donald Trump called the Federal Reserve his “biggest threat,” again criticizing the central bank for endangering economic growth through interest-rate hikes. “The Fed is raising rates too fast,” Trump...
Daily Commentary (16-October): INDOGB Rebound after Sukuk Auction INDOGB benchmark series’ prices rebounded, sending bond yields lower after sukuk auction on Tuesday. The 5yr FR63 was trading flat at 89.3, yielding 8.48% (-0.5 bps); the 10yr FR64 at 83.1 (+0.3%), yielding 8.76% (-5.1 bps); the 15yr FR65 at 81.1(+0.2%), yielding...
Daily Commentary (15-Oct): INDOGB benchmark series’ prices continued falling, sending bond yields higher on Monday. The 5yr FR63 was trading at 89.3 (-0.2%), yielding 8.48% (+6 bps); the 10yr FR64 at 82.8 (-0.7%), yielding 8.91% (+10.3 bps); the 15yr FR65 at 81 (-0.9%), yielding 8.99% (+10.8 bps); and the...
The Government will hold another sukuk auction today targeting Rp4tn–the same amount with previous sukuk auction, but still lower than the average target per auction ytd of Rp6tn. As scheduled, the Government will offer 6-mo SPN-S, 9-mo SPN-S, 2.6-yr PBS014, 5-yr PBS019, 7-yr PBS017, and 13.1-yr PBS012. We still...
Highlights: Danareksa government bonds yield index was up 6.29bps from 8.638% to 8.701% An exchange rate level of 15,000 to a dollar will give an additional of 6.3t rupiah to energy subsidy next year, Finance Minster Sri Mulyani Indrawati says in a parliamentary hearing. Weaker rupiah will help income tax from...
Daily Commentary (12-Oct): INDOGB has continued losses on Friday with the 10yr government bond yield up 5 bps to 8.76% (+64.2 bps mtd or +243.8 bps ytd). Based on PLTE data, trading volume in the secondary market was at Rp15.3tn with reported foreign net inflows of Rp665bn. Specific for benchmark...
Danareksa Debt Research Daily Reports Monday, October 15, 2018 Highlights: Danareksa government bonds yield index rose 9.79bps from 8.540% to 8.638% Foreign investors piled into South African government bonds ahead of a scheduled review of the country’s debt ratings by Moody’s Investors Service on Friday. Non residents were net buyers of 4.3...
Highlights: Danareksa government bonds yield index advanced 10.94bps from 8.420% to 8.529% Singapore’s central bank tightened monetary policy for a second time this year, encouraged by steady economic growth despite worsening U.S.-China trade tensions. The Monetary Authority of Singapore, which uses the exchange rate as its main policy tool, raised the...
Pemerintah akan melakukan lelang Surat Berharga Syariah Negara (SBSN) atau Sukuk Negara pada hari Selasa, tanggal 16 Oktober 2018. Seri SBSN yang akan dilelang adalah seri SPN-S (Surat Perbendaharaan Negara - Syariah) dan PBS (Project Based Sukuk) untuk memenuhi sebagian dari target...