JAKARTA, RAKYAT NEWS- Bank Indonesia (BI) has reported that net foreign capital inflow into Indonesia’s financial markets has reached IDR 135.44 trillion from the beginning of 2024 through July 25, 2024.

BI’s Head of Communications, Erwin Haryono, explained that this inflow comprises a net outflow of foreign capital from government securities (SBN) amounting to IDR 32.08 trillion and from the stock market at IDR 1.89 trillion, countered by a net inflow into Bank Indonesia’s Rupiah Securities (SRBI) totaling IDR 169.41 trillion.

In the first half of 2024, up to July 25, non-residents have net bought IDR 1.88 trillion in SBN and IDR 39.06 trillion in SRBI, while net selling IDR 2.23 trillion in stocks.

For the period of July 22-25, 2024, net foreign capital inflow into Indonesia’s financial markets was IDR 1.93 trillion, including a net inflow of IDR 3.37 trillion into SBN, and net outflows of IDR 1.39 trillion from SRBI and IDR 0.05 trillion from the stock market.

As of July 25, 2024, Indonesia’s five-year credit default swap (CDS) premium was at 74.91 basis points, a decrease from 75.64 basis points on July 19, 2024. Additionally, the yield on Indonesia’s ten-year SBN dropped to 6.97% on July 26, 2024, while the yield on the US ten-year Treasury Note increased to 4.241% on July 25, 2024.

BI continues to strengthen its coordination with the government and relevant authorities to optimize policy strategies and support Indonesia’s external economic resilience. (Uki Ruknuddin)