30.10.2012 - Indonesia’s five-year bond yield at 11-week low on fund inflows
Indonesia’s government bonds rose, pushing the yield on five-year securities to an 11-week low, after global funds increased their debt holdings by the most since January. The rupiah weakened. Overseas investors added 4.52 trillion rupiah ($470 million) to their portfolio of local notes this month through Oct. 24, poised for the biggest inflow since January, Finance Ministry data show. Indonesia plans to raise 500 billion rupiah by offering Islamic bonds tomorrow, after a debt auction last week drew bids for three times the amount offered. The yield on 10-year bonds was 5.73 percent, less than the central bank’s record-low reference rate of 5.75 percent...............................................Full Article: Source
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