September 20, 2024 05:56 GMT
INDONESIA: Bond Wrap
INDONESIA
- Analysts said Indonesia’s central bank may cut borrowing costs again as soon as its October policy meeting, especially if the currency strengthens further (source: BBG).
- Indonesia achieves highest exports since December 2022, maintains trade surplus (source: Jakarta Post)
- Equity markets bucking the regional trend, down heavily on the day whilst bond markets rallied.
2yr 6.328% (-6.5bp) 5yr 6.242% (-6bp) 10yr 6.444% (-11bp) 30yr 6.821% (-2.5bp)
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