INDONESIA D AILY ECONOMIC UPDATE
                                      Thursday, 02 August 2018



ECONOMIC HIGHLIGHTS
 The National Council for Financial Inclusion (DKNI) is reviewing a regulation that prevents social-
  assistance payments and the disbursement of government-subsidized bank loans to small-medium
  enterprises though financial technology applications.
 The government is considering to release a new regulation requiring the exporters to place the export
  proceeds (DHE) in the country and to convert them to Rupiah.




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                        6,012       02 Aug                   -0.4%        1.1%          6.7%        -5.4%
                  Net purchases by
                                                   0.16    02 Aug     IDR, tn            --        2.3           1.8        -47.5
                   foreign investors

Exchange rate: IDR/USD
                   Bank Indonesia             14,446       02 Aug                    0.0%        0.0%          0.2%         6.6%
                       Bloomberg              14,478       02 Aug                    0.3%        0.1%          0.6%         6.8%

Government bonds
              Yield: 1 year IDR bond            6.4%       02 Aug        bps           4.1           3            15          135
              Yield: 5-year IDR bond            7.7%       02 Aug        bps          -2.1          -4           -16          106
             Yield: 10-year IDR bond            8.0%       02 Aug        bps          -0.4          -5           -18          194
       Foreign holdings of IDR bonds             839       01 Aug     IDR, tn            --          4            12            3
   Indonesia USD bonds strip spread              183       01 Aug        bps           1.0          -1           -35           16
        Asia USD bonds strip spread              179       01 Aug        bps           0.9          -4           -28           24
 Indonesia sovereign CDS: 5yr, mid-
                                                   114     01 Aug         bps          2.0              4        -24           26
                                price

Corporate bonds
  Indonesia USD bonds strip spread                 305     01 Aug         bps            7         -10           -58           84

Interest rates
                     JIBOR overnight            5.0%       02 Aug         bps          0.5         1.0          22.5        111.2
                 JIBOR spread relative
                                                -23.8      02 Aug         bps          0.5         1.0          22.5         11.2
                         to policy rate

International reserves                         119.8       30 Jun   USD, bn              --          --         -5.0        -10.4

* 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.