Penerbitan Surat Utang Negara Seri FR0063 Dengan Cara Private Placement Pada Tanggal 18 Oktober 2018 Kementerian Keuangan telah melakukan penerbitan Surat Utang Negara (SUN) dengan cara Private Placement pada tanggal 18 Oktober 2018, dengan jumlah total sebesar Rp3.000.000.000.000,00 (tiga triliun rupiah) yang transaksinya telah dilakukan...
MoF estimates budget deficit this year might be lower, ranging 1.83-2.04% of GDP (vs. initial target of -2.19% of GDP), as revenue collection exceeds estimates. Budget deficit realization until Sept 30, 2018, has reached Rp200.2tn or 1.35% of GDP. Using the average historical budget deficit of 4Q in the last...
Rencana Lelang Pembelian Kembali Surat Utang Negara Dengan Cara Penukaran (Debt Switch) Dengan Mekanisme Many To Many Tanggal 18 Oktober 2018 Pada hari Kamis, 18 Oktober 2018, Pemerintah akan melakukan lelang pembelian kembali Surat Utang Negara dengan cara penukaran (debt switch). Lelang dilakukan melalui MOFiDS (Ministry of Finance Dealing System)...
Daily Commentary (17-Oct): Rupiah asset class rallied further on Wednesday. INDOGB benchmark series’ prices continued to rally, sending bond yields lower. The 5yr FR63 was trading at 89.7 (+0.4%), yielding 8.37% (-10.7 bps); the 10yr FR64 at 83.9 (+0.9%), yielding 8.63% (-13.1 bps); the 15yr FR65 at 82.1(+1.1%), yielding 8.84%...
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...