Incoming Bid Downtrend, and Fair Yield to Close Auction for SUN 1Q21
Today's auction will be the last auction for Government Securities (SUN) for the 1Q21 period. Throughout 2021, the
Low Unemployment Claims, Encourage Interest in Risk Assets
The United States Department of Labor (US) recorded 684,000 US claims for unemployment benefits last week. This figure
Debt Switch Postponed, Mixed Benchmarks
Yesterday's postponement of the buyback auction by means of exchange (debt switch) made the prices of some Government
Green Option Closes Sukuk Auction 1Q21
Yesterday, the government won the auction of State Sharia Securities (SBSN / Sukuk) worth IDR 6.4 trillion, or lower
CDS Increase Early Week, Benchmark SUN Prices Strengthen
External sentiment is still the main factor for foreign investors' capital outflow from the Indonesian bond market. This
High Inflation Triggers UST Yield Increase
-GOVERNMENT BONDS- The increase in US Treasury (UST) yields occurred again, a day after the Fed will maintain an extra
Government’s Commitment to Maintain Fair SUN Yield
-GOVERNMENT BONDS- The bid to cover (BTC) ratio in the auction of Government Securities (SUN) yesterday was 2.12x.
Economic Recovery Signals, Investors Expect Higher Yields
-GOVERNMENT BONDS- The Central Statistics Agency (BPS) recorded that Indonesia's exports in February 2021 were valued
Increase in Inflation Pushes Higher Yield Expectations
-GOVERNMENT BONDS- Last Thursday, the yield on the 10-year US Treasury (UST) rose again to near the 1.6% level. This
