Money Market Commentary : June 2022
Money market funds gain momentum as loan growth started progressing and a higher RRR affects lightly the liquidity.
#WMR 27 Juni – 1 Juli 2022
The government lowered the target for government bond issuance which was initially at Rp. 1,300 trillion to Rp. 1.084 trillion.
Monthly Macro Review : Holiday consumption
In May, the Indonesian welcomes the Eid holiday with great enthusiasm. This year, the government allows people to go back to their hometown.
#WMR 13 – 17 Jun 2022
At the FOMC meeting in June, the Fed increased its FFR 75 bps to 1.75%. The increase this month was much bigger than previously planned.
#WMR 6 – 10 June 2022
After a considerable rally, JCI corrected 1.3% in a week to 7086. LQ45 fell deeper by 2.3% in a week to 1019.
Market Buzz : Bond Flash Sale
The yield from INDOGB moved back to 7.2%, adjusting the yield from UST which crept up to 3.0%