INDONESIA D AILY ECONOMIC UPDAT E
                                      Tuesday, 27 August 2019



ECONOMIC HIGHLIGHTS


     •    Pertamina will acquire foreign oil and gas companies as Indonesia’s oil production
          declines.
     •    Government debt increased to IDR 4,604 trillion in July from IDR 4,570 trillion in June.
     •    Contraction in the real sector caused the budget deficit to widen to 1.1 percent of GDP in
          July 2019.

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                         6,278      27 Aug                     1.0%        -0.3%        -0.7%          1.4%
                  Net purchases by              -0.17      27 Aug      IDR, tn           --         -2.5        -10.8          58.9
                   foreign investors

Exchange rate: IDR/USD
                   Bank Indonesia              14,235      27 Aug                    -0.2%        -0.2%         1.7%         -1.7%
                       Bloomberg               14,255      27 Aug                     0.1%        -0.1%         1.8%         -0.9%

Government bonds
              Yield: 1 year IDR bond            6.2%       27 Aug         bps            0.0          -1          12            -58
              Yield: 5-year IDR bond            6.9%       27 Aug         bps            2.2          -4          16           -113
             Yield: 10-year IDR bond            7.4%       27 Aug         bps            1.8          -5          17            -68
       Foreign holdings of IDR bonds            1,008      23 Aug      IDR, tn             --          3          -5            115
   Indonesia USD bonds strip spread               187      26 Aug         bps           -6.5          -1          21            -50
        Asia USD bonds strip spread               188      26 Aug         bps           -4.8           0          22            -29
 Indonesia sovereign CDS: 5yr, mid-                93      26 Aug         bps            3.0           0          15            -44
                                price

Corporate bonds
  Indonesia USD bonds strip spread                 316     26 Aug          bps          3.4           -6          45            -96

Interest rates
                             IndONIA             5.3%      26 Aug          bps          3.5        -32.4        -29.4         -58.6
               IndONIA spread relative           -18.4     26 Aug          bps          3.5         -7.4         -4.4          -8.6
                         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.