Politics
Indonesian Bonds Draw $1.2 Billion as Higher Yields Lure Funds
Key Points
Commodities Indonesian Bonds Draw $1.2 Billion as Higher Yields Lure Funds Indonesian bonds are on track for their biggest monthly inflow in more than a year, in a sign that government efforts to lift yields to lure foreign investors and support the rupiah are paying off. Foreign funds bought a net $1.2 billion of government bonds through June 26, putting the market on course for its largest monthly inflow since May last year, according to finance ministry data compiled by Bloomberg.
Commodities
Indonesian Bonds Draw $1.2 Billion as Higher Yields Lure Funds
Indonesian bonds are on track for their biggest monthly inflow in more than a year, in a sign that government efforts to lift yields to lure foreign investors and support the rupiah are paying off.
Foreign funds bought a net $1.2 billion of government bonds through June 26, putting the market on course for its largest monthly inflow since May last year, according to finance ministry data compiled by Bloomberg.