JAKARTA, RAKYAT NEWS – Bank Indonesia (BI) announced that the net foreign capital inflow into the domestic financial market reached Rp143.08 trillion from January 1, 2024, to August 1, 2024.

Erwin Haryono, Head of BI’s Communication Department, stated in Jakarta on Friday that this figure comprises a net foreign outflow of Rp28.04 trillion in the Government Securities (SBN) market and Rp2.20 trillion in the stock market, counterbalanced by a net foreign inflow of Rp173.32 trillion in BI Rupiah Securities (SRBI).

For the transaction period from July 29 to August 1, 2024, Indonesia saw a net foreign capital inflow of Rp10.27 trillion, which includes Rp5.77 trillion in the SBN market, Rp2.19 trillion in SRBI, and Rp2.31 trillion in the stock market.

During the second half of 2024 up to August 1, non-residents recorded net purchases in SRBI amounting to Rp42.97 trillion and in the SBN market amounting to Rp5.92 trillion. However, there was a net sell-off of Rp2.54 trillion in the stock market.

Erwin also noted that the investment risk premium, or credit default swaps (CDS) for Indonesia over a five-year period, was 75.81 basis points (bps) as of August 1, 2024, an increase from 72.95 bps on July 26, 2024.

The yield on Indonesia’s 10-year SBN decreased to 6.79% on August 2, 2024. Similarly, the yield on the 10-year US Treasury Note declined to 3.976% on August 1, 2024.

BI continues to strengthen its coordination with the government and related authorities, optimizing a policy mix strategy to support Indonesia’s external economic resilience. (Uki Ruknuddin)

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