VIVAnews - Director General of Debts Management, Rahmat Waluyanto said foreign investors' interest in participating in the auction of State Bonds sharply decreased by about 15 to 20 percent compared to the previous auction.
According to Waluyanto, this is because of the depreciating Rupiah exchange rate. "Due to the falling Rupiah, they are less interested," he said on Tuesday, Feb 24.
Earlier, under normal circumstances, the percentage of foreign investors was up to 50-60 percent. For the time being, the role of local players such as banks, retirement funds, and insurance are larger. "The success of retail sukuk showed that the domestic market is still reliable despite the crisis," he said.
During the auction of four state bonds having serial numbers of SPN20100218 (reopening), FR0051 (reopening), FR0030 (reopening) and VR0018 (reopening), the government acquired Rp 6.15 trillion (US$519.8 million) of the submitted bids of Rp 8.197 trillion (US$692.8 million).
--
Translated by: Bonardo Maulana Wahono
Curhat ke Ashanty, Keluarga Vina Ragu Usai Pegi Perong Dibekuk: Takut Salah Tangkap
Kabar baik soal penangkapan Pegi telah sampai ke telinga keluarga Vina. Saat menjadi bintang tamu di podcast YouTube Ashanty, keluarga Vina mengaku cukup lega dan senang.
