INDONESIA D AILY ECONOMIC UPDATE
                                       Thursday, 5 April 2018



ECONOMIC HIGHLIGHTS
 President Jokowi has signed the Presidential Decree No. 20/2018 which contains articles on the
  simplification of working permits.
 The Investment Coordinating Board (BKPM) has announced that the government will open the
  University sector up to 100 percent for the foreign investment.
 President Jokowi has pledged to prepare food and beverage, textiles, automotive, electronics
  and chemicals sectors to be developed for the fourth industrial revolution.


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                        6,183      05 Apr                     0.4%       -0.1%          -4.9%       -2.7%
                  Net purchases by
                                                -0.43     05 Apr      IDR, tn            --       -1.1         -13.3        -24.3
                   foreign investors

Exchange rate: IDR/USD
                   Bank Indonesia             13,767      05 Apr                     0.1%        0.1%           0.1%        1.6%
                       Bloomberg              13,767      05 Apr                     0.0%        0.0%          -0.1%        1.6%

Government bonds
              Yield: 1 year IDR bond            5.1%      05 Apr         bps           2.1           5             0            8
              Yield: 5-year IDR bond            6.2%      05 Apr         bps          -3.8         -13            -9          -38
             Yield: 10-year IDR bond            6.7%      05 Apr         bps          -4.0         -16           -21           71
       Foreign holdings of IDR bonds             866      04 Apr      IDR, tn            --         18            29           30
   Indonesia USD bonds strip spread              177      04 Apr         bps           0.1          -6             7           11
        Asia USD bonds strip spread              171      04 Apr         bps           0.3          -1            11           16
 Indonesia sovereign CDS: 5yr, mid-
                                                   104    04 Apr          bps          0.0              0         18           16
                                price

Corporate bonds
  Indonesia USD bonds strip spread                 284    04 Apr          bps            0          -7            29           63

Interest rates
                     JIBOR overnight            4.0%      05 Apr          bps          5.1       -13.7          -6.1         11.7
                 JIBOR spread relative
                                                -23.3     05 Apr          bps          5.1       -13.7          -6.1         11.7
                         to policy rate

International reserves                         128.1      28 Feb    USD, bn              --          --         -3.9         -2.1

* 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.