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Indonesia:  Bond Wrap

INDONESIA
  • Data suggesting global funds have been purchasing IDR bonds on record numbers.
  • With better-than-expected CPI, some commentators are now calling for a rate cut from the Central Bank.
  • Bonds strong on the day with yields 0.5-1bps lower across the curve.

2yr 6.409% (-1bp) 5yr 6.58% (-1bp) 10yr 6.76% (-0.5bp) 30yr 6.957% (-0.5bp)

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