INDONESIA D AILY ECONOMIC UPDAT E Tuesday, 16 October 2018 ECONOMIC HIGHLIGHTS  External debt grew by 5.1 percent yoy to USD 360.7 billion at the end of August 2018, consisting of government and central bank external debt of USD 181.3 billion, as well as private sector, including state-owned enterprises, external debt of USD 179.4 billion.  The Ministry of Manpower announced that the provincial minimum wage is to increase by 8.03 percent yoy in 2019. 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 5,801 16 Oct 1.3% 0.1% -2.2% -8.7% Net purchases by 0.60 16 Oct IDR, tn -- -2.3 -2.7 -56.4 foreign investors Exchange rate: IDR/USD Bank Indonesia 15,206 16 Oct -0.3% -0.2% 2.5% 12.2% Bloomberg 15,201 16 Oct -0.1% -0.2% 2.7% 12.1% Government bonds Yield: 1 year IDR bond 7.1% 16 Oct bps 3.7 -5 -1 208 Yield: 5-year IDR bond 8.7% 16 Oct bps 6.0 35 26 262 Yield: 10-year IDR bond 9.0% 16 Oct bps 7.2 40 33 241 Foreign holdings of IDR bonds 848 15 Oct IDR, tn -- -1 13 12 Indonesia USD bonds strip spread 201 15 Oct bps 0.2 13 4 35 Asia USD bonds strip spread 190 15 Oct bps -0.4 9 2 35 Indonesia sovereign CDS: 5yr, mid- 145 15 Oct bps 0.0 4 10 57 price Corporate bonds Indonesia USD bonds strip spread 309 15 Oct bps -4 8 -32 88 Interest rates JIBOR overnight 5.8% 16 Oct bps -1.2 9.0 31.3 188.0 JIBOR spread relative 3.0 16 Oct bps -1.2 9.0 6.2 38.0 to policy rate International reserves 114.8 30 Sep USD, bn -- -- -3.1 -15.3 * 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.