Treasury Yields held Steady as Equities Looked to Rebound from Sharp Losses
The Government will hold an auction for Sovereign Sharia Securities (SBSN) on Tuesday, September 15, 2020. The SBSN series to be offered are SPNS02032021 (Reopening), PBS027 (Reopening), PBS026 (Reopening), PBS025 (Reopening), PBS028 (Reopening). This auction has an indicative target of IDR 8 trillion.
Treasury yields held steady on Monday as equities looked to rebound from sharp losses led by declines in high-flying technology shares. The yield on the benchmark 10-year Treasury note was flat at 0.6715%. The yield on the 30-year Treasury bond was also little changed at 1.4210%. (CNBC)
President Jokowi is optimistic that the national economy will have sufficient time to recover quickly and avoid a recession. To that end, the Government will continue to optimize health care, increase people’s purchasing power, and encourage household consumption. The President also continues to spur the realization of the budget for goods and capital expenditures in ministries / agencies (K / L) and transfers of funds to the regions, particularly related to the National Economic Recovery (PEN) program.(Investor Daily)
Source: Danareksa Sekuritas Debt Research