INDONESIA D AILY ECONOMIC UPDAT E
                                       Tuesday, 28 May 2019



ECONOMIC HIGHLIGHTS

 The Committee for Acceleration of Priority Infrastructure Delivery (KPPIP) reported only 77
     of 223 of National Strategic Projects (PSN) have been completed since 2016 until May 2019.
     The Government is targeting the completion of 89 PSN by the end of 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                         6,033     28 May                     -1.1%        1.4%          -5.7%        -2.6%
                  Net purchases by              -0.30     28 May       IDR, tn           --        -0.7           42.3         55.3
                   foreign investors

Exchange rate: IDR/USD
                   Bank Indonesia              14,380     28 May                      0.1%       -0.6%          1.4%         -0.7%
                       Bloomberg               14,375     28 May                      0.0%       -0.7%          1.2%         -0.1%

Government bonds
              Yield: 1 year IDR bond             6.6%     28 May          bps          -1.2         -10             7           -23
              Yield: 5-year IDR bond             7.7%     28 May          bps           3.1         -10            36           -36
             Yield: 10-year IDR bond             8.2%     28 May          bps          12.7         -15            31             5
       Foreign holdings of IDR bonds              951     24 May       IDR, tn            --         -3            -3            58
   Indonesia USD bonds strip spread               194     27 May          bps          -6.3           2            12           -43
        Asia USD bonds strip spread               185     27 May          bps          -4.2           2             7           -32
 Indonesia sovereign CDS: 5yr, mid-               105     27 May          bps          -3.9           0             8           -32
                                price

Corporate bonds
  Indonesia USD bonds strip spread                 307    27 May           bps          -9.8             0         16          -105

Interest rates
                             IndONIA             5.8%     27 May           bps        -11.6       -11.6         -18.0         -14.1
               IndONIA spread relative           -23.8    27 May           bps        -11.6       -11.6         -18.0         -14.1
                         to policy rate

International reserves                          124.3      30 Apr    USD, bn              --          --          -0.2          3.6

* 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.