All benchmark series Government Bonds (SUN) recorded yield increases in the range of 1.1 bps to 2.6 bps, with the yield of FR0087 rising to the level of 6.46% based on data from NH Korindo Sekuritas Indonesia. Yesterday, market players were waiting for the release of April’s trade balance data which projected a surplus of USD 1.2 billion, or lower than the previous month’s surplus of USD 1.5 billion. Investors are also looking forward to the BoP Current Account Balance 1Q21 data projected a deficit of USD 732 million, compared to the previous quarter which was able to record a surplus of USD 795 million. In more detail, trade balance data will be released today, and BOP Current Account Balance will be released tomorrow.
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