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INDONESIA: Bond Wrap

INDONESIA
  • Indonesia To Sold 2037, 36, 41, 28, 49  Sukuk Bonds yesterday with modest bid to cover ratios of 1-2 times, possibly reflecting indigestion in the new issue market ahead of perceived market volatility.
  • Indonesian retailers are optimistic about their sales performance in August, anticipating a year-on-year increase of 5.8%, according to the latest survey conducted by Bank Indonesia (source: Bloomberg).
  • Jakarta composite modestly down in trading, bond yields  lower across intermediate maturities. 

2yr 6.538% (+0.5bp)     5yr 6.498% (-0.5bp)     10yr 6.602% (-2bp)     30yr 6.848%

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