INDONESIA D AILY ECONOMIC UPDATE
                                      Wednesday, 18 April 2018



ECONOMIC HIGHLIGHTS
 The government is currently finalizing a bill that aims to set an IDR 100 million limit on cash
  transactions as part of an effort to crack down on money laundering.
 The Ministry of Finance recorded a regional transfer realization of IDR 175 trillion in the first
  quarter of 2018, down IDR 19 trillion from the first quarter of 2017.




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                        6,320      18 Apr                     0.5%       -0.6%         0.5%         -0.6%
                  Net purchases by
                                                -0.22     18 Apr      IDR, tn            --       -3.0        -10.7         -27.7
                   foreign investors

Exchange rate: IDR/USD
                   Bank Indonesia             13,770      18 Apr                     0.0%        0.2%         0.0%          1.6%
                       Bloomberg              13,776      18 Apr                     0.1%        0.1%         0.1%          1.6%

Government bonds
              Yield: 1 year IDR bond            5.3%      18 Apr         bps           2.6         13            19            23
              Yield: 5-year IDR bond            6.3%      18 Apr         bps           3.6         11            -5           -29
             Yield: 10-year IDR bond            6.8%      18 Apr         bps           3.0          8           -12            77
       Foreign holdings of IDR bonds             873      17 Apr      IDR, tn            --         1            35            36
   Indonesia USD bonds strip spread              175      17 Apr         bps           6.4          1             3             9
        Asia USD bonds strip spread              172      17 Apr         bps           4.8          3             8            17
 Indonesia sovereign CDS: 5yr, mid-
                                                    98    17 Apr          bps          0.0          -3           11            10
                                price

Corporate bonds
  Indonesia USD bonds strip spread                 266    17 Apr          bps            5         -11           -8            45

Interest rates
                     JIBOR overnight            4.0%      18 Apr          bps         -5.6         2.1          5.1           8.7
                 JIBOR spread relative
                                                -26.3     18 Apr          bps         -5.6         2.1          5.1           8.7
                         to policy rate

International reserves                         126.0      31 Mar    USD, bn              --          --        -2.1          -4.2

* 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 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.