October 16, 2024 05:27 GMT
INDONESIA: Bond Wrap.
INDONESIA
- Foreign direct investment grew at a faster pace last quarter up +18.6% YoY, driven by basic metals, according to Investment Minister Rosan Roeslani in Tuesday briefing (source: BBG).
- The likelihood of Sri Mulyani Indrawati continuing as Indonesia’s Finance Minister under the country’s new administration may help ease market concern over any potential changes in fiscal policy, according to Robeco (source: BBG).
- Markets quiet ahead of Bank Indonesia rate decision today where only 11 of 40 economists surveyed predict a cut (source BBG)
2yr 6.394% (-2bp) 5yr 6.408% (-2.5bp) 10yr 6.683% (-1.5bp) 30yr 6.938%
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