INDONESIA D AILY ECONOMIC UPDAT E
                                      Friday, 6 September 2019



ECONOMIC HIGHLIGHTS


     •    Indonesia’s international reserves rose to USD 126.4 billion in August from USD 125.9
          billion in July.
     •    The Ministry of Finance has reduced the energy subsidy for the 2020 State Budget by
          IDR 12.6 trillion.
     •    The Consumer Confidence Index decreased to 123.1 in August from 124.8 in July.
     •    Indonesia launches its first domestically produced vehicle, the Esemka.


DAILY INDONESIAN FINANCIAL INDICATORS

                                                                                 Change                  Change or total
                                                         Date of                  since
                                                                       Unit
                                             Latest       latest                   last        In last     In last      Year-to-
                                             value        value                  trading       week*       month*        date
                                                                                   day

Stock market
Jakarta Composite Index                         6,309      06 Sep                     0.0%       -0.3%         1.7%           1.8%
                  Net purchases by              -0.09      06 Sep      IDR, tn           --        -1.4         -7.1           57.0
                   foreign investors

Exchange rate: IDR/USD
                   Bank Indonesia              14,140      06 Sep                    -0.1%       -0.7%        -0.9%          -2.4%
                       Bloomberg               14,101      06 Sep                    -0.4%       -0.7%        -0.9%          -2.0%

Government bonds
              Yield: 1 year IDR bond            6.2%       06 Sep         bps          -1.0          -4          -18            -64
              Yield: 5-year IDR bond            6.9%       06 Sep         bps           4.5          -3          -24           -109
             Yield: 10-year IDR bond            7.5%       06 Sep         bps           3.2           0          -17            -61
       Foreign holdings of IDR bonds            1,011      05 Sep      IDR, tn            --         -1           -4            118
   Indonesia USD bonds strip spread               172      05 Sep         bps         -10.4         -11          -27            -65
        Asia USD bonds strip spread               178      05 Sep         bps          -9.4          -8          -17            -40
 Indonesia sovereign CDS: 5yr, mid-                81      05 Sep         bps          -4.0         -11          -13            -56
                                price

Corporate bonds
  Indonesia USD bonds strip spread                 304     05 Sep          bps        -12.1         -15          -26           -108

Interest rates
                             IndONIA             5.3%      05 Sep          bps          0.3        -4.1        -31.8          -60.0
               IndONIA spread relative           -19.8     05 Sep          bps          0.3        -4.1         -6.8          -10.0
                         to policy rate

International reserves                          126.4      31 Aug    USD, bn              --          --          0.5           5.7

* One week and month prior to latest observation


SOURCES
Data are taken from the following: the latest Jakarta Stock Exchange and Indonesian government IDR bond yield data are taken from
the Indonesian Stock Exchange (www.idx.co.id). BI IndONIA and IDR mid exchange rates from Bank Indonesia (www.bi.go.id), after
5 pm each day. BI reports international reserves data directly. The Directorate General of Debt Management at the Indonesian Ministry
of Finance provides data on the foreign holdings of IDR government bonds (www.djppr.kemenkeu.go.id). The CDS premium on 5-
year Indonesian government USD bonds and Indonesian corporate bond spreads are sourced from JPMorgan.