Positive Bonds Against Reduced Issuance in Rupiah
By : Wiyanto Dan Aldo Bella Putra | Sunday, September 16 2018 - 00:30 IWST

Obligasi Negara Ritel (ORI) (Foto Ist)
INDUSTRY.co.id - Jakarta - The yield on Rupiah-denominated government bonds is increasingly attractive, with the current spread between yields on Rupiah-denominated government bonds and the 10-year US Treasury tenors ranging from 500 to 550 bps, well above the average for the past year of around 420 bps.
"Reducing issuance in Rupiah bonds can be a positive catalyst for the bond market," said Krizia Maulana, Investment Specialist at PT Manulife Asset Management Indonesia in Jakarta, Saturday (09/15/2018).
According to him, it could be a positive catalyst for obstruction because this year the government lowered the issuance target by Rp23.5 trillion, and also the planned issuance of global bonds in September could reduce the pressure on the issuance of Rupiah-denominated bonds while increasing Indonesia's foreign exchange reserves.
The change in outlook from the Fed's interest rate policy which is not as aggressive as previous estimates could be one of the catalysts for the Indonesian bond market.
Read Also
Today's Industry

Jumat, 02 Mei 2025 - 10:46 WIB
Binawan and Government Support Indonesian Nurses in Europe through Scholarships
In the midst of the viral #KaburAjaDulu hashtag as a symbol of the young generation's disappointment with domestic working conditions, Binawan responded with real action: dispatching Indonesian…

Jumat, 28 Maret 2025 - 22:21 WIB
SUNeVision Initiates MEGA IDC Phase Two Development
SUNeVision, the technology arm of Sun Hung Kai Properties (SHKP), today announced the commencement of construction for Phase Two of MEGA IDC in Tseung Kwan O. As Hong Kong's largest data centre…

Jumat, 28 Maret 2025 - 22:07 WIB
TDL Records New Revenue Record of IDR 25 Trillion in 2024 Ahead of 50th Anniversary
PT Metrodata Electronics Tbk (MTDL), the largest technology Company with the most complete IT and telecommunications products in Indonesia, managed to record a revenue of IDR 25 trillion in…

Jumat, 28 Maret 2025 - 22:00 WIB
Wireless Logic Selected By Thales As IoT Connectivity Partner
Wireless Logic, a global leader in IoT connectivity solutions has been selected by Thales, a global leader in advanced eSIM technologies, to enable secure, scalable and resilient IoT connectivity…

Jumat, 28 Maret 2025 - 21:53 WIB
Microvista Expands International Presence with Mobile CT System ScanExpress
The German specialist in industrial computed tomography and non-destructive testing, Microvista, announces the European expansion of its innovative mobile CT system, ScanExpress. The system…
News Comment