INDONESIA D AILY ECONOMIC UPDAT E
                                      Monday, 26 August 2019



ECONOMIC HIGHLIGHTS


     •    Tax revenue collection between Jan-Jul 2019 reached 45.4% of the 2019 state budget
          target.
     •    The Government will allocate IDR 88 trillion to fund an IDR 466 trillion plan to relocate
          the capital city.



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                         6,215      26 Aug                    -0.7%       -1.3%        -1.8%           0.3%
                  Net purchases by              -0.90      26 Aug      IDR, tn           --        -2.5        -10.6           59.1
                   foreign investors

Exchange rate: IDR/USD
                   Bank Indonesia              14,261      26 Aug                     0.1%        0.4%         1.9%          -1.5%
                       Bloomberg               14,248      26 Aug                     0.2%        0.1%         1.7%          -1.0%

Government bonds
              Yield: 1 year IDR bond            6.2%       26 Aug         bps           2.3          -2           12            -58
              Yield: 5-year IDR bond            6.9%       26 Aug         bps           1.2          -6           14           -115
             Yield: 10-year IDR bond            7.4%       26 Aug         bps           1.1          -4           15            -70
       Foreign holdings of IDR bonds            1,008      22 Aug      IDR, tn            --          2           -3            115
   Indonesia USD bonds strip spread               193      25 Aug         bps           0.0           2           28            -43
        Asia USD bonds strip spread               193      25 Aug         bps           0.0           2           27            -24
 Indonesia sovereign CDS: 5yr, mid-                90      25 Aug         bps           0.0          -7           12            -47
                                price

Corporate bonds
  Indonesia USD bonds strip spread                 313     25 Aug          bps          0.0         -16           41            -99

Interest rates
                             IndONIA             5.3%      25 Aug          bps          0.0       -36.8        -32.9          -62.1
               IndONIA spread relative           -21.9     25 Aug          bps          0.0       -11.8         -7.9          -12.1
                         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.