In Indonesia, long-term foreign bond investors keep faith - for now

  • Forex
  • Friday, 14 Sep 2018

JAKARTA/TOKYO: Recent turbulence in Indonesian markets has tested the pain threshold for foreigners who invest in the country’s longer-term bonds, but they appear to be keeping their nerve.

This week, the battered rupiah has stabilized though it remains close to a 20-year nadir. And the yield on the benchmark 10-year rupiah bond has edged closer to 9 percent, adding more than 200 basis points this year.

Forex , rupiah , bond