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28/07/2011Indonesian Debt Yields Dip Close to 9-Month Lows Indonesian bond yields neared a nine-month low on Tuesday as investors kept buying debt despite ongoing concerns over a likely US default.
A combination of factors such as the central bank’s extended interest rate pause, good demand at recent debt auctions and openness to allowing more currency gains is expected to boost inflows into the region’s hottest local currency bond market.
A combination of factors such as the central bank’s extended interest rate pause, good demand at recent debt auctions and openness to allowing more currency gains is expected to boost inflows into the region’s hottest local currency bond market.
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