Kategori: Finance

Bank Muamalat Third Party Fund Worth IDR47.31Trn. Bank Muamalat Indonesia, Tbk, a subsidiary of Minna Padi Investama Securites, Tbk (PADI IJ), reported its third party fund worth IDR47.31trn in 3Q17, with the current account saving account (CASA) composition as much as 34.7% of the total third party funds. The fund higher 12.8% compare to December 2016.

Government Sukuk Auction Targeting Worth IDR5Trn. As well as, government is planning to held government Shariah-Compliant Securities (SBSN) or government sukuk auction on Tuesday, October 24, 2017, with an indicative targets worth IDR5trn. In fact, according to Director General Management Financing and Risk Management, there are five series offered, namely: SPN-S 11042018, PBS013, PBS014, PBS011,.

According to Directorate General of Budget Financing and Risk Management (DJPPR), Bank Indonesia is most bought government bond during a week, became the prime mover. The BI’s value of net buy reached IDR13.84trn. In addition, domestic’s institutional investor are also takes part in supporting government bond market performance, reported net buy worth IDR1.67trn. Foreign Investors.

The Absorption of ORI014 is Still Low. Two days before the end of offering government bond retail series ORI014, sales agents only pocketed a total ordering of retail investor worth IDR7.51trn, around 56.1% of the total sales target IDR13.39trn. Meanwhile, the offering period of ORI014 will end on Thursday, October 19, 2017. ORI014 Sales Only.

FR0075 Transactions Highest in September. According to Indonesia Bond Pricing Agency (IBPA), FR0075 is became the best selling in the government bond market trade during September, with frequency as much as 3,874 times. Both foreign and domestic investor against FR0075 are high, since this series is a new series that was release this year by.

Government Bonds Long Tenor Remain Became the Best Selling. Long tenor government bonds, such as FR0072 and FR0075 are predict still attractive until the end of this year, since it has lower price and higher yield compare to short tenor government bond. From external side, long tenor are help by expectation of interest rate hikes.

Foreign investor continued to reduce its ownership in government securities, and tends to avoid the primary market during recent weeks. In fact, According to Directorate General of Budget Financing and Risk Management (DJPPR), the foreign investor’s ownership in tradeable’s government securities worth IDR808.34trn or equivalent to 39.22% of total outstanding worth IDR2,060.78trn as of October.

Sarana Multi Infrastruktur Issue Bond Worth IDR5Trn. Sarana Multi Infrastruktur will issue bond worth up to IDR5trn in November 2017, to support its national infrastructure needs. This bond is the second tranche of Sarana Multi Infrastruktur Shelf Registered Bond I with total issue worth IDR30trn, which start last year worth IDR5trn. Government Sukuk Auction Targeting Worth.

INDICATION BONDS OFFERED STRUCTURE Bond Name : Shelf Registration Bond II WOM Finance Tranche II Year 2017 Bond Offered : IDR 1,000,000,000,000(one trillion rupiah) in principal amount Rating : AA-(idn) (double A minus) from PT Fitch Ratings Indonesia Maturity : Series A (370-days) Series B (3-years) Coupon Indication : As well as, Series A :.

Shelf Registration Bond II OCBC NISP Tranche II Year 2017 INDICATION BOND OFFERED STRUCTURE Bond Name : Shelf Registration Bond II OCBC NISP Tranche II Year 2017 Bond Offered : IDR 2,000,000,000,000 (two trillion rupiah) in principal amount Rating : idAAA (Triple A), stable outlook from PT Pemeringkat Efek Indonesia (“Pefindo”), and AAA (idn) from.