PBS030 Low Rewards
The government set the PBS030 (7.1-year) (New Issue) fee of 5.875%. This figure is far below NHKSI Research's projection
SUN Mixed Ahead of Inflation Data and PBS030 Issuance
Projected May 2021 inflation at 0.28% MoM (0.86% YtD; 1.64% YoY), contributed by intercity transport fares. This figure
US Economic Recovery Sentiment Supports SUN Weekend
Market participants responded positively to the United States (US) unemployment claims data, which only amounted to 406
UST Yield Rises, SUN Market Mixed
US Treasury (UST) yields rose in trading Thursday, ahead of the release of jobless claims data. The 10-year UST yield
High Liquidity and Attractive Yields Encourage Interest in SUN Auction
The yield on the 10-year FR0087 SUN is around 6.50%, which remains attractive amidst the BI 7-DRRR which remains at
SUN Market Strengthens Ahead of BI 7-DRRR Release
-GOVERNMENT BONDS- Based on the survey, the Bank Indonesia benchmark interest rate (BI 7-DRRR) for the May period
Current Account Deficit Again, SUN Yield Declines
Bank Indonesia (BI) recorded a surplus of USD 4.1 billion in Indonesia's balance of payments in 1Q21, or better than
Trade Surplus Hold SUN Market
The Central Statistics Agency (BPS) reported that exports in April 2021 were valued at USD 18.4 billion or grew 51.9%.
SUN Benchmark Is Under Pressure Ahead of Economic Data Release
All benchmark series Government Bonds (SUN) recorded yield increases in the range of 1.1 bps to 2.6 bps, with the yield
