JAKARTA: Indonesia’s sovereign bonds are failing to draw in heavy foreign inflows, even as they outperform regional peers, as a resurgence in Covid cases hampers economic recovery.
The nation’s 10-year yield has slid 28 basis points this month with Bank Indonesia buying up debt while supply has been crimped. Total bond returns rose to 1.6%, the highest among emerging-Asian nations.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
