INDONESIA D AILY ECONOMIC UPDAT E
                                       Tuesday, 16 April 2019



ECONOMIC HIGHLIGHTS
 Statistics Indonesia (BPS) recorded a trade surplus of USD 540 million in March. Both exports
  and imports declined by 10.0 percent and 6.8 percent yoy, respectively.




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                         6,482      16 Apr                     0.7%         0.0%          0.3%         4.6%
                  Net purchases by
                                                 -0.56     16 Apr      IDR, tn             --       -0.5           4.3         13.0
                   foreign investors

Exchange rate: IDR/USD
                   Bank Indonesia              14,066      16 Apr                   -0.01%        -0.6%          -1.7%       -2.9%
                       Bloomberg               14,085      16 Apr                    0.16%        -0.3%          -1.2%       -2.1%

Government bonds
              Yield: 1 year IDR bond             6.5%      16 Apr         bps           -5.5          -5            -8          -35
              Yield: 5-year IDR bond             7.2%      16 Apr         bps           -3.3          -4           -24          -77
             Yield: 10-year IDR bond             7.8%      16 Apr         bps           -3.6           0           -17          -36
       Foreign holdings of IDR bonds              953      15 Apr      IDR, tn             --        -13            10           60
   Indonesia USD bonds strip spread               184      15 Apr         bps            1.6          -5           -14          -53
        Asia USD bonds strip spread               177      15 Apr         bps            1.6          -2            -9          -40
 Indonesia sovereign CDS: 5yr, mid-
                                                    96     15 Apr          bps          -2.0          -2            -1          -41
                                price

Corporate bonds
  Indonesia USD bonds strip spread                 298     15 Apr          bps          -2.3              1         -1         -114

Interest rates
                             IndONIA             5.9%      15 Apr          bps          -15         -9.2          10.4         -2.1
               IndONIA spread relative
                                                 -11.9     15 Apr          bps          -15         -9.2          10.4         -2.1
                         to policy rate

International reserves                          124.5      30 Mar    USD, bn               --         --           1.3         -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.