INDONESIA D AILY ECONOMIC UPDAT E
                                      Friday, 13 September 2019



ECONOMIC HIGHLIGHTS



     •    The Government sets IDR 49 trillion as the dividend target for SOEs in 2020.
     •    The Ministry of Energy and Mineral Resources approved to increase Freeport’s export
          quota to 700,000 tonnes from 198,000 tonnes.



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                         6,335      13 Sep                    -0.1%        0.4%         1.1%           2.3%
                  Net purchases by              -0.14      13 Sep      IDR, tn           --        -0.7         -6.7           56.3
                   foreign investors

Exchange rate: IDR/USD
                   Bank Indonesia              13,950      13 Sep                    -0.7%       -1.3%        -2.0%          -3.7%
                       Bloomberg               13,967      13 Sep                    -0.2%       -1.0%        -2.0%          -2.9%

Government bonds
              Yield: 1 year IDR bond            6.2%       13 Sep         bps           0.1           0          -11            -65
              Yield: 5-year IDR bond            6.8%       13 Sep         bps          -6.3         -13          -21           -122
             Yield: 10-year IDR bond            7.3%       13 Sep         bps          -7.0         -15          -18            -76
       Foreign holdings of IDR bonds            1,019      12 Sep      IDR, tn            --          8           12            126
   Indonesia USD bonds strip spread               163      12 Sep         bps         -10.3          -9          -28            -74
        Asia USD bonds strip spread               170      12 Sep         bps          -7.6          -8          -19            -48
 Indonesia sovereign CDS: 5yr, mid-                77      12 Sep         bps          -0.5          -4          -21            -60
                                price

Corporate bonds
  Indonesia USD bonds strip spread                 277     12 Sep          bps          -7.8        -27          -39           -135

Interest rates
                             IndONIA             5.4%      12 Sep          bps          1.5         5.9        -40.0          -54.2
               IndONIA spread relative           -14.0     12 Sep          bps          1.5         5.9        -15.0           -4.2
                         to policy rate

International reserves                          126.4      30 Aug    USD, bn              --          --          2.6           5.7

* 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.