Nasi Goreng bonds to be traded in the local market
Nasi Goreng bonds are full of opportunities for investors.
From telecom to ports to subways, is the most exciting investment opportunities in Indonesia right now, Indonesia considers local-currency debt on global markets.
The promise of mouth-watering yields in a country that only recently won a long-delayed investment-grade rating from Standard and Poor’s. Jasa Marga’s 202 rupiah securities yield 8.7 percent in the local market.
The #Indonesian currency has been remarkably stable against the dollar this year, and the near-term outlook is promising. Bloomberg Intelligence is predicting core inflation to remain comfortably within the central bank’s 3 percent to 5 percent range in 2017. And in Jakarta, there’s very little nervousness about the U.S. Federal Reserve’s next moves – a far cry from the taper scare of 2013.