Menu
idnbonds

SUN Auction Incoming Bid Reached IDR93.39Trn

By administrator | February 28, 2019 | Finance.

Indonesia bond analysisThe tendency of investors choosing investment instruments that are more minimal risk than stock, creating a government bond (Surat Utang Negara/SUN) auction on Tuesday (26/2) successfully grabbed the number of deals, particularly in the long-tenor. According to the Directorate General of Budget Financing and Risk Management (DJPPR) Ministry of Finance, the number of deals in the auction of the SUN reached IDR93.39Trn. That number jumped to IDR27.57Trn, compared on a number of deals that go in the SUN auction two auctions last week.

Investors Anticipating the 30-Years Long Tenor FR0076

Foreign Investors Avoids The Primary Market

Investors are Interested in Short-Term

Indonesia SR008 Edged Down as Investors Take Profit

KIJA Prepare 100 Ha of land to Attract 50 New Companies

Coal Bullish Trend Support Indo Tambangraya Megah’s Stock Price

Head of Business Development Division, Henan Putihrai Asset Management (HPAM), Reza Fahmi said ahead of the election so market participants are likely to increase demand on a more minimal risk assets such as bonds. During last week until Tuesday (26/2), a series of SUN short-tenor or below 10-years becomes the most hunted serial investors.

A 5-years FR0077 (Reopening) series into a series of the most widely accepted entry as much as IDR39.72Trn. While the series has a population of 10-years FR0078 (Reopening) offer IDR22.54Trn. As for the 15-years FR0068 (Reopening), the series received an offer IDR12.9Trn. Furthermore, the 20-years FR0079 (Reopening) receive offer IDR7.04Trn. Whereas, the Surat Perbendaharaan Negara (SPN) 3-months SPN03190527 (New Issuance) receive offer IDR6.1Trn and 12-months SPN12200213 (Reopening) series offer IDR5.65Trn.

Foreign Investor Ownership in Government Securities worth IDR961.63Trn

PBS014 Weighted Average Yield Reached 7.28%

Indonesia ORI012 Mixed Ahead of New Series Offering

Indonesia ORI011 Rallied Ahead of New Series Offering

Bank BTPN Offering 2  Series Bonds of IDR1Trn

Pelindo I Offering 4 Series Bonds Worth IDR1Trn

“Nowadays still many domestic investors wait and see ahead of the election, so it tends to put assets in safer instruments, namely with the short-tenor‘s first, “said Reza on Tuesday (26/2). In addition, SUN auction proceeds Yesterday’s success was also due to the sustained rise in the price of SUN reference auction. The SUN price due to global trade war issues, and improving Indonesia macroeconomic.

Indonesia Goverment & Corporate Bond Price Bullish

Bank OCBC NISP Bond Issuance (2015)

Stronger Growth in 2018 as Election Year Approaches

Indonesia Market to Trade Sideways Amidst Trump and FFR Hike Sentiment

Rather than Election, Astra Group more Worried Trade War in 2019

Ramayana Lestari, 2014 Growth To Get Election Boost

However, the Government’s absorption occurs a decrease of IDR3Trn to IDR22Trn. The Government tried to be not in a hurry because of the potential yield moved down will still occur. “It looks like at an auction yesterday the discount given the Government the price SUN to boost yield SUN, effect on decreasing Government’s absorption, “said Reza. In the middle of the US stock markets are bullish, it will affect capital inflow into emerging markets, so the prospects of the next auction will still be crowded.

An Attractive Yield amidst Bank Indonesia Maintain its BI 7-DRR

ORI014 Sales Only 67% of the Target

Net Interest Margin Decrease if BI Reference Rates go up on 4Q18

Bond Market Mixed amidst Bank Indonesia Meeting

Asia Pacific Investama Losses Decrease

Spindo Production Decrease, amidst High Prices Raw Material

Translate »
Copy Protected by Chetan's WP-Copyprotect.