INDONESIA D AILY ECONOMIC UPDAT E
                                    Wednesday, 19 September 2018



ECONOMIC HIGHLIGHTS
 The Ministry of Trade will require the imports of wheels, iron and steel, alcoholic beverages
  and textile products to be done via Logistic Bonded Center (PLB), in an effort to prevent
  smuggling.
 The Coordinating Ministry for Economic Affairs recorded that the Micro Credit Program
  (KUR) disbursement as of 31 August 2018 has reached IDR 88 trillion, equivalent to 71
  percent from the total target in 2018.


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                        5,874       19 Sep                    1.1%        1.3%        -0.3%          -7.6%
                  Net purchases by
                                                   0.26    19 Sep     IDR, tn            --       -0.9         -2.8         -53.8
                   foreign investors

Exchange rate: IDR/USD
                   Bank Indonesia             14,896       19 Sep                   -0.1%        0.2%         2.2%          9.9%
                       Bloomberg              14,875       19 Sep                    0.1%        0.3%         2.0%          9.7%

Government bonds
              Yield: 1 year IDR bond            7.2%       19 Sep        bps          -2.8           7         113            215
              Yield: 5-year IDR bond            8.3%       19 Sep        bps          -9.1         -22          54            223
             Yield: 10-year IDR bond            8.5%       19 Sep        bps         -11.3         -23          45            192
       Foreign holdings of IDR bonds             836       18 Sep     IDR, tn            --         -1          -9             -1
   Indonesia USD bonds strip spread              196       18 Sep        bps          -4.4         -14           1             29
        Asia USD bonds strip spread              187       18 Sep        bps          -3.3          -9          -1             32
 Indonesia sovereign CDS: 5yr, mid-
                                                   136     18 Sep         bps          1.0          -4           15            48
                                price

Corporate bonds
  Indonesia USD bonds strip spread                 339     18 Sep         bps           -6         -23              1         118

Interest rates
                     JIBOR overnight            5.5%       19 Sep         bps          3.0         3.6         10.3         155.3
                 JIBOR spread relative
                                                   -4.7    19 Sep         bps          3.0         3.6         10.3          30.3
                         to policy rate

International reserves                         117.9       31 Aug   USD, bn              --          --        -0.4         -12.3

* 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.