■ Indonesia successfully issued its inaugural renminbi-denominated sovereign bond, raising 6 billion yuan (USD 842 million); the bond issuance is part of Indonesia’s effort to diversify funding sources and deepen access to China’s capital market.
■ Finance Minister Purbaya Yudhi Sadewa said the government would avoid burden-sharing with Bank Indonesia, which was used during the pandemic; he stated that fiscal discipline and targeted spending are sufficient to support growth without monetary financing.
■ On Wednesday (29/10), JCI closed +0.91% higher at 8,166.2 with foreign investors posting net buy of IDR 1,233 billion in the regular market and IDR 2,553.5 billion in the negotiated market.
■ We recommend INDOGB bonds such as FR91, FR89, FR85, FR77, FR62 and INDOIS: PBS23, PBS22, PBS15.
Samuel Sekuritas Indonesia is a leading Indonesian securities brokerage firm. Established in 1997, the firm has grown to become one of the most respected and trusted financial services companies in the country. With a wide range of services and products, Samuel Sekuritas Indonesia has become a trusted partner to many investors, both institutional and individual.
The company offers a variety of financial services, including equity, debt and derivative securities brokerage services, research and portfolio management, asset management and capital market services, as well as a range of other investment solutions. Samuel Sekuritas Indonesia is also a leader in providing financial education and training, and has established itself as a leading provider of investor relations services.
The company has a strong research capability and is committed to providing its clients with up-to-date and reliable market analysis and recommendations. It also has a team of experienced and knowledgeable professionals who are dedicated to providing quality service to its clients. As a result, Samuel Sekuritas Indonesia has become a preferred partner for many investors in Indonesia.
In addition to its financial services, Samuel Sekuritas Indonesia also offers a range of other services, such as corporate finance and advisory services, mergers and acquisitions, and venture capital.