Garuda Secures Approval to Extend Bond Payment

... $500 million worth of Islamic bonds due on June 3, eliminating ... to survive the Covid-19 pandemic. Irfan Setiaputra, Garuda's president ... affected by the Covid-19 pandemic," Irfan said. A government ... subdued by the Covid-19 pandemic," Erick said. Garuda's ...

Foreign Investors' Return Boosts Indonesia's Exchange Reserves

... in May to buy government bonds, bringing back critical foreign exchange ... overseas debts during the coronavirus pandemic. "Our foreign exchange reserves are ... yield of 10-year government bonds fell 53 bps to 7 ...

Rupiah Set to Return to Pre-Pandemic Level: Bank Indonesia

... investors when they hold bonds issued by the Indonesian ... to return to their pre-pandemic economic level. Morgan Stanley ... investors interested in buying government bonds. There was Rp 2 ... between Indonesian government bonds and US Treasury bonds now stands at ...

BCA's Q1 Result Lends Solid Footing as Bank Restructures Loans to Help Businesses

... months as the Covid-19 pandemic continues to weaken the ... restrictions (PSBB) to rein in pandemic have hit the economy hard ... resume their activities amid the pandemic. The government is providing Rp ... haven't needed to issue bonds or rights issues. Our loan ...

Central Bank Buys $1.6b in Gov't Bonds and Set to Buy More

... 6 billion worth of government bonds in the primary market, ... economy cope with a prolonged pandemic will increase state spending even ... bank will buy more government bonds. "We will help the ... central bank is buying the bonds straight from the government ...

Indonesia Eyes Biggest Deficit in Three Decades as the Country Sets to Cut Corporate Income Tax

... of the Covid-19 pandemic. Finance Minister Sri Mulyani ... (Perppu) to tackle the pandemic emergency. The House of Representatives ... government would continue with government bonds issuance. Bank Indonesia, the ... standby buyer of the bonds should market fail to ...

SOEs Urged to Focus on Countering Economic Impact From Covid-19

... economic impact from the coronavirus pandemic, former SOE minister Dahlan ... SOEs should also issue global bonds to help prop up ... Finance (Indef), said the pandemic could provide a momentum for ... help the government fight the pandemic. They should discuss this ...

SOEs Raise $3.6b From Global Market Amid Pandemic

... from sales of dollar-denominated bonds to pay back existing debts ... refinance $1 billion worth of bonds due this year. Some of ... issuing US dollar-denominated global bonds, including the first 50-year ... pay for the country's pandemic mitigation efforts.

Bank Indonesia's $33b Quantitative Easing Not Much Use Without Fiscal Policy: Governor

... the government must ensure its pandemic relief programs reach their ... . Bank Mandiri's government bonds now make up 10 percent ... percent. The government's pandemic stimulus includes a social safety ... economically impacted by the pandemic and who might not ...

Currency, Bond Markets Point to Return of Foreign Investors Confidence in Indonesia

... foreign capital inflow to government bonds, reflecting a return of investors ... stability amid the Covid-19 pandemic, Bank Indonesia Governor Perry Warjiyo ...