The two series respectively recorded yields near the psychological level of 5% and 6%, after the announcement of the domestic corona virus case which recorded a record increase. Investors are also interested in the 5-year and 10-year benchmark candidates ahead of the latest 2020 Government Securities (SUN) auction on Tuesday (01/12). For the record, the strengthening of Government Securities (SBN) prices yesterday was also awaiting the release of November 2020 inflation data. Previously, Bank Indonesia (BI) had projected inflation of 0.25% in November 2020. With these developments, the inflation forecast for November 2020 is based on a calendar year. at 1.21% YtD and on an annual basis at 1.57% YoY.

Download full report HERE.