• Pemerintah Indonesia Kembali Tawarkan ORI kepada Investor

    Untuk memperkuat basis investor domestik dan memenuhi pembiayaan APBN-P 2014, pemerintah Indonesia kembali menawarkan Obligasi Negara Ritel Indonesia (ORI). Ini adalah kali ke-11, pemerintah menerbitkan ORI sejak obligasi tersebut diluncurkan pada tahun 2006. ORI berseri ORI011 tersebut mulai ditawarkan pada 1-16 Oktober 2014. Tingkat  kupon yang ditawarkan ORI011 sebesar 8,5% dengan tenor selama tiga tahun. Minimum pemesanan yang diperbolehkan adalah Rp5 juta sementara maksimum pemesanan adalah Rp3 miliar per individu.

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  • Performance of the Indonesian Rupiah & Stocks in the Past Week

    Amid political uncertainty and a looming increase in US interest rates, Indonesian stocks and the rupiah exchange rate weakened considerably in the past week. Market participants are increasingly concerned about the situation in Indonesia’s parliament where a majority of political parties - named the Merah-Putih coalition (led by defeated presidential candidate Prabowo Subianto) - is expected to undermine president-elect Joko Widodo’s reform programs as well as the democratic foundations of the country.

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  • Bank Indonesia Press Release: Trade Balance and Inflation Update

    The central bank of Indonesia (Bank Indonesia) released a press statement on Wednesday evening (01/10) in which it set out its view on the country’s trade balance and inflation after the latest economic data had been released by Statistics Indonesia (abbreviated BPS) earlier on the day. Based on information of BPS, Indonesia’s September inflation was relatively low at 0.27 percent month-to-month (m/m), while the August trade balance swung back into a deficit at USD $318.1 million.

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  • Federal Reserve & Indonesia: Limiting the Impact of Higher Interest Rates

    US Federal Reserve Chairwoman Janet Yellen reminded global investors to prepare for a sooner-than-expected US interest rate hike (Fed Funds Rate, FFR) provided that the economy of the USA - the world’s largest economy - continues its improving trend. In fact, speculation has emerged that the FFR will be raised before the end of 2014 although Yellen stated more than once that the ‘close-to-zero’ interest rate environment would be maintained for a considerable period after the US bond-buying program (quantitative easing) has ended.

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