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.
Source Article :
