BI to remain standby govt bond buyer in 2021


BI governor Perry Warjiyo (pic) said the central bank would continue its role as a non-competitive bidder in government bond auctions next year, while assuring that it would have the capacity to do so.

JAKARTA: Bank Indonesia (BI) has expressed its commitment to continue its role as a standby buyer for government bonds until 2021 to help fund the state budget deficit during the pandemic.

BI governor Perry Warjiyo said the central bank would continue its role as a non-competitive bidder in government bond auctions next year, while assuring that it would have the capacity to do so.

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