The INDOBEX Composite index includes 54 government bonds and 256 corporate bonds. Combined, these indices should increase liquidity and deepening of Indonesia’s bond market and provide a performance reference for investors. Indonesian Finance Minister Bambang Brodjonegoro, who was present at the launch, added that these indices would also increase market credibility.

Such a reference for performance and returns aims to encourage more investments in Indonesia’s bond market. Ignatius Girendroheru, President Director of the IBPA, stated that about IDR 10 trillion (USD $833 million) worth of daily transactions in government bonds and IDR 500 billion (USD $42 million) in corporate bonds are conducted.