INDONESIA D AILY ECONOMIC UPDAT E
                                      Wednesday, 19 June 2019



ECONOMIC HIGHLIGHTS

 Ministry of Finance issued regulation to exempt sales tax on luxury goods for property that
     has selling price below IDR 30 billion (Ministry of Finance Regulation No. 86/PMK.010/2019).




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                         6,339      19 Jun                     1.3%         1.0%          7.3%         2.3%
                  Net purchases by               0.50      19 Jun      IDR, tn           --         -0.2           0.9         57.6
                   foreign investors

Exchange rate: IDR/USD
                   Bank Indonesia              14,271      19 Jun                    -0.4%         0.3%          -1.4%       -1.5%
                       Bloomberg               14,270      19 Jun                    -0.4%         0.2%          -1.3%       -0.8%

Government bonds
              Yield: 1 year IDR bond             6.5%      19 Jun         bps           -0.6          -8           -20          -32
              Yield: 5-year IDR bond             7.3%      19 Jun         bps           -7.3         -26           -45          -75
             Yield: 10-year IDR bond             7.7%      19 Jun         bps           -4.7         -17           -54          -38
       Foreign holdings of IDR bonds              956      17 Jun      IDR, tn             --          6             1           62
   Indonesia USD bonds strip spread               194      18 Jun         bps            0.1           3             0          -43
        Asia USD bonds strip spread               186      18 Jun         bps           -0.5           1             2          -32
 Indonesia sovereign CDS: 5yr, mid-               100      18 Jun         bps           -3.0          -1            -5          -37
                                price

Corporate bonds
  Indonesia USD bonds strip spread                 343     18 Jun          bps          -1.7              5         31          -70

Interest rates
                             IndONIA             5.8%      18 Jun          bps          -4.4        -4.8          -1.7         -7.8
               IndONIA spread relative           -17.5     18 Jun          bps          -4.4        -4.8          -1.7         -7.8
                         to policy rate

International reserves                          120.3     31 May     USD, bn               --         --          -3.9         -0.3

* 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 IndONIA 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.djppr.kemenkeu.go.id). The CDS premium on 5-
year Indonesian government USD bonds and Indonesian corporate bond spreads are sourced from JPMorgan.