％Indonesia Government Bond 10Y
ID-10Y
▼ NegativeMonetaryrelevance
BI holds rates to support rupiah, likely keeping Indonesian yields stable or slightly higher.
Impact on stocks 2
Others
％ECB rates
ECBRATES
Mentioned
Bank Indonesia held its benchmark seven-day reverse repo rate at 5.75% at its regular meeting on the 19th, in line with market expectations and marking a second consecutive hold. The overnight deposit facility rate was also kept at 4.75%, and the overnight lending facility rate at 6.50%. The central bank said the decision was consistent with efforts to strengthen rupiah stability amid global disruptions from escalating Middle East tensions, and to support achieving the inflation target and sustainable economic growth. It also indicated it would continue and expand new monetary measures decided at the previous meeting, including lowering the premium on hedging swap transactions for foreign investors. The meeting was held under Acting Governor Destry Damayanti following the sudden resignation of former Governor Perry Warjiyo.
BI holds rates to support rupiah, likely keeping Indonesian yields stable or slightly higher.