INDONESIA D AILY ECONOMIC UPDAT E
                                      Tuesday, 02 October 2018



ECONOMIC HIGHLIGHTS
 The government plans to increase airport taxes, particularly at airports under the
  management of state-owned airport operator PT Angkasa Pura II.




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                        5,876      02 Oct                    -1.2%        0.0%        -2.4%          -7.6%
                  Net purchases by
                                                -0.10     02 Oct      IDR, tn            --        1.3         -1.1         -50.6
                   foreign investors

Exchange rate: IDR/USD
                   Bank Indonesia             14,988      02 Oct                     0.6%        0.6%         1.9%         10.6%
                       Bloomberg              15,043      02 Oct                     0.9%        0.8%         2.3%         11.0%

Government bonds
              Yield: 1 year IDR bond            7.2%      02 Oct         bps           2.4          -9           98           209
              Yield: 5-year IDR bond            8.0%      02 Oct         bps           2.2         -15           13           200
             Yield: 10-year IDR bond            8.2%      02 Oct         bps           2.3         -17            6           163
       Foreign holdings of IDR bonds             851      28 Sep      IDR, tn            --         10            2            15
   Indonesia USD bonds strip spread              183      01 Oct         bps           1.2          -6           -8            17
        Asia USD bonds strip spread              177      01 Oct         bps           1.5          -4           -9            22
 Indonesia sovereign CDS: 5yr, mid-
                                                   131    01 Oct          bps          0.0          -3              9          43
                                price

Corporate bonds
  Indonesia USD bonds strip spread                 289    01 Oct          bps            2         -32          -48            68

Interest rates
                     JIBOR overnight            5.6%      02 Oct          bps         -0.3       19.9          22.6         172.7
                 JIBOR spread relative
                                                -12.3     02 Oct          bps         -0.3        -5.1         -2.4          22.7
                         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.