INDONESIA D AILY ECONOMIC UPDATE Tuesday, January 09, 2018 ECONOMIC HIGHLIGHTS  The Government raised IDR 13.0 trillion from Sharia denominated bond (Sukuk) auction today, with total bids coming at IDR 32.3 trillion.  State utility company Perusahaan Listrik Indonesia, or PLN, is preparing to issue rupiah-denominated global bonds (known as “Komodo bonds”) to raise USD 2 billion for financing the country's power development.  The Energy and Mineral Resources Ministry has announced that, as of December 2017, renewable energy contributed to 12.62 percent of the total national electricity supply, exceeding the 2017 state budget target of 11.96 percent. 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 6,373 09 Jan -0.2% 0.5% 5.7% 20.3% Net purchases by 0.57 09 Jan IDR, tn -- 2.0 0.1 -35.0 foreign investors Exchange rate: IDR/USD Bank Indonesia 13,428 09 Jan 0.2% -0.8% -0.9% -0.1% Bloomberg 13,438 09 Jan 0.2% -0.6% -0.8% -0.3% Government bonds Yield: 1 year IDR bond 5.0% 09 Jan bps 0.4 -3 -12 -189 Yield: 5-year IDR bond 5.8% 09 Jan bps 0.1 -77 -39 -194 Yield: 10-year IDR bond 6.3% 09 Jan bps -3.3 34 -40 -175 Foreign holdings of IDR bonds 857 08 Jan IDR, tn -- 21 25 191 Indonesia USD bonds strip spread 158 08 Jan bps -0.6 -8 -12 -79 Asia USD bonds strip spread 148 08 Jan bps -0.6 -7 -5 -54 Indonesia sovereign CDS: 5yr, mid- 82 08 Jan bps -2.0 -6 -12 -79 price Corporate bonds Indonesia USD bonds strip spread 208 08 Jan bps -2 -13 -23 -166 Interest rates JIBOR overnight 3.9% 09 Jan bps 0.0 0.7 0.0 -33.3 JIBOR spread relative 0.0 09 Jan bps 35.0 35.7 35.0 51.7 to policy rate International reserves 130.2 29 Dec USD, bn -- -- 3.6 24.3 * 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.