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Bond Wrap

INDONESIA
  • Global funds have poured $2.2 billion into Indonesian sovereign bonds in August, the most since January 2023. Yet foreign fund holdings remain below historical levels, pointing to potential upside to demand in a rate cutting environment.
  • Demand for Indonesian assets today saw equity and bond markets well supported and the currency stable.

2yr 6.537% (-0.5bp) 5yr 6.526% 10yr 6.625% (-1bp) 30yr 6.845% (-1bp)

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