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USD/IDR Rises Above 15,500, Amid Broader Asian FX Losses

IDR
  • USD/IDR is up at 15,545 this morning versus Friday’s close of 15,455.
  • The Bloomberg Asia FX index is down 0.27% in the first part of trade today, amid broad FX losses against the USD.
  • USD/IDR one-month implied volatility is up this morning to 8.49%, versus 8.6475% on Friday.
  • Indonesia's 10-year bond yield are 0.5bp higher in yield at 6.638% from Friday’s close.
  • Indonesia 5 yr USD CDS at 66bps (Friday’s close 66bp, 5-year low 32bp in 2020).

Headlines

  • Indonesia Aims to Sign $3.5 Billion in Deals During Africa Forum (Source: Government)
  • Indonesia, Malaysia outperforming EM Peers ahead of the Fed. (Source: Bloomberg)
  • House prices to cool ‘briefly’ on high rates, low spending power (Source: Jakarta Post)

Government Bond Auction tomorrow

  • Bank Indonesia to Sell 91D SVBI Bills
  • Bank Indonesia to Sell 33D SVBI Bills
  • Bank Indonesia to Sell 181D SVBI Bills
  • Indonesia To Sell 2030,2035, 2043,2054,2038 Bonds
  • Indonesia To Sell 364D Bills (SPN12250904)
  • Indonesia To Sell 90D Bills (SPN03241204)

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