INDONESIA D AILY ECONOMIC UPDAT E
                                      Tuesday, 13 August 2019



ECONOMIC HIGHLIGHTS


  •    The Ministry of Home Affairs has approved local governments’ plan to issue bonds for
       financing infrastructure, health, and education expenditures
  •    Indonesia plans to impose a 20-25 percent tariff on EU dairy products
  •    Indonesia seeks to implement B30 policy in 2020



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                         6,211      13 Aug                    -0.6%        1.5%        -2.5%           0.3%
                  Net purchases by              -1.03      13 Aug      IDR, tn           --        -3.1         -7.9           63.0
                   foreign investors

Exchange rate: IDR/USD
                   Bank Indonesia              14,283      13 Aug                     0.4%       -0.4%         1.4%          -1.4%
                       Bloomberg               14,325      13 Aug                     0.5%        0.3%         2.3%          -0.5%

Government bonds
              Yield: 1 year IDR bond            6.3%       13 Aug         bps           2.6          -7           15            -53
              Yield: 5-year IDR bond            7.0%       13 Aug         bps           7.4         -19           23           -100
             Yield: 10-year IDR bond            7.6%       13 Aug         bps           8.9         -17           26            -55
       Foreign holdings of IDR bonds            1,006      09 Aug      IDR, tn            --        -14            5            112
   Indonesia USD bonds strip spread               199      12 Aug         bps           9.9           0           29            -38
        Asia USD bonds strip spread               195      12 Aug         bps           7.8           0           26            -22
 Indonesia sovereign CDS: 5yr, mid-                98      12 Aug         bps           5.9           1           13            -39
                                price

Corporate bonds
  Indonesia USD bonds strip spread                 323     12 Aug          bps          8.5          -8           47            -89

Interest rates
                             IndONIA             5.8%      12 Aug          bps         16.8         7.6         -3.5          -14.1
               IndONIA spread relative             1.1     12 Aug          bps         16.8         7.6         21.5           10.9
                         to policy rate

International reserves                          125.9       31 Jul   USD, bn              --          --          2.1           5.2

* 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.