Inverted Yield Pattern
SUN market was under pressure at the beginning of the week, as the depreciation of the rupiah approached the
SUN market was under pressure at the beginning of the week, as the depreciation of the rupiah approached the
Ineffective in May, speculation of a 75 bps July FFR hike. May high inflation (1.0% MoM; 8.6% YoY), breaking March peak
Optimistic IKK sentiment and China's trade surplus, colored the SUN trade yesterday. The BI IKK for the May period rose
Profit taking pushes yield FR0091 up 14 bps. Investors took advantage of Cadev Indonesia's positive sentiment for the
Selective Government in SUN Auction. Based on DJPPR data, the number of bids that entered the SUN auction was IDR 43.5
SUN Benchmark Mixed Early Week. FR0091 posted a yield increase of almost 3 bps yesterday. In addition to waiting for US
Yield FR0091 is below 7%. Selective buying sent the benchmark 10-year SUN FR0091 down to 6.99%. Market participants
Incoming Bid Reaching IDR 20.2 Trillion. The Sukuk auction on Tuesday (31/5), recorded an incoming bid of IDR 20.22
SUN Strengthening Ahead of Inflation Data. The benchmark 10-year SUN yield was at 7%, with FR0093 and FR0092 at 7.31%,