November 06, 2024 05:21 GMT
INDONESIA: Bond Wrap: Readying Incentives to Support Growth.
INDONESIA
- Indonesia Readies More Incentives as Growth Dips to One-Year Low (source: BBG).
- Indonesia President Prabowo Subianto will launch a new investment fund that aims to manage as much as $982 billion in sovereign assets over the next few years, reports local newspaper Kontan. (source: BBG).
- As currency volatility continued the Jakarta Composite declined off -0.40% whilst bond yields were dragged higher by US yields.
2yr 6.535% (+2bp) 5yr 6.755% (+8bp) 10yr 6.776% (+3bp) 30yr 6.953% (+2bp)
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