INDONESIA D AILY ECONOMIC UPDATE
                                       Thursday, 21 June 2018



ECONOMIC HIGHLIGHTS
 The Ministry of Finance’s Taxation Directorate General has signed the Bilateral Competent
  Authority Agreement (BCAA) Country by Country (CbC) with the Internal Revenue Services of
  the United States, enabling the automatic exchange of transfer pricing data.




DAILY INDONESIAN FINANCIAL INDICATORS

                                                                                Change                  Change or total
                                                         Date of                 since
                                                                      Unit
                                            Latest        latest                  last        In last       In last    Year-to-
                                            value         value                 trading       week*         month*      date
                                                                                  day

Stock market
Jakarta Composite Index                        5,822      21 Jun                    -1.0%       -2.9%          1.2%        -8.4%
                  Net purchases by
                                                -0.83     21 Jun      IDR, tn            --       -5.3          -4.5        -46.0
                   foreign investors

Exchange rate: IDR/USD
                   Bank Indonesia             14,090      21 Jun                     1.4%        1.4%          -0.6%        4.0%
                       Bloomberg              14,102      21 Jun                     1.2%        1.2%          -0.3%        4.0%

Government bonds
              Yield: 1 year IDR bond            6.3%      21 Jun         bps           6.5          6              0          128
              Yield: 5-year IDR bond            7.2%      21 Jun         bps          16.8         17             -4           59
             Yield: 10-year IDR bond            7.7%      21 Jun         bps          15.6         16            -14          162
       Foreign holdings of IDR bonds             844      20 Jun      IDR, tn            --        -1             15            8
   Indonesia USD bonds strip spread              206      20 Jun         bps          -5.5          6              5           40
        Asia USD bonds strip spread              197      20 Jun         bps          -3.2          5              9           42
 Indonesia sovereign CDS: 5yr, mid-
                                                   136    20 Jun          bps          0.1              9         14           48
                                price

Corporate bonds
  Indonesia USD bonds strip spread                 322    20 Jun          bps            0         17             12          100

Interest rates
                     JIBOR overnight            4.3%      21 Jun          bps          2.2     -171.7           17.2         44.3
                 JIBOR spread relative
                                                -40.7     21 Jun          bps          2.2     -171.7           -7.8         -5.7
                         to policy rate

International reserves                         122.9      31 May    USD, bn              --          --         -1.9         -7.3

* One week and month prior to latest observation


SOURCES
Data are taken from the following: the latest Jakarta Stock Exchange and Indonesian government IDR bond yield data are taken from
the Indonesian Stock Exchange (www.idx.co.id). BI JIBOR and IDR mid exchange rates from Bank Indonesia (www.bi.go.id), after 5
pm each day. BI reports international reserves data directly. The Directorate General of Debt Management at the Indonesian Ministry
of Finance provides data on the foreign holdings of IDR government bonds (www.dmo.or.id). The CDS premium on 5-year Indonesian
government USD bonds and Indonesian corporate bond spreads are sourced from JPMorgan.