September 03, 2024 02:39 GMT
IDR Opening with a Weaker Bias
IDR
- USD/IDR is up at 15,570/75 in Jakarta this morning; versus Monday’s close of 15,525.,
- Bloomberg Asia dollar spot index is 0.10% lower at the open. The BBDXY USD is drifting a little higher though, last up nearly 0.05%.
- USD/IDR one-month implied volatility is up this morning to 8.3475%, versus 8.34% close on Monday.
- Indonesia's 10-year bond yield is 1bp lower at 6.64% from yesterday’s close.
- Indonesia 5 yr USD CDS at 67bps (yesterday close 67, 5-year low 58 in 2020).
Headlines
Prabowo to revive Housing Ministry, plans IDR53tn as initial budget (Source: Jakarta Post)
Layoff risks loom as manufacturing PMI slips further (Source: Jakarta Post)
Indonesia's Benign CPI, Rupiah Rally Point to Sept. Cut (Source: Bloomberg)
Data Releases
None
Government Bond Auction
- Bank Indonesia to Sell 91D SVBI Bills
- Bank Indonesia to Sell 33D SVBI Bills
- Bank Indonesia to Sell 181D SVBI Bills
- Indonesia To Sell 2030, 2035, 2043, 2054, 2038 Bonds
- Indonesia To Sell 364D, Bills (SPN12250904)
- Indonesia To Sell 90D, Bills (SPN03241204)
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