03 Jun 2025 | News & Feature

TFP W23 2025: Getting busy again in the corporate bond market

  • Improving foreign demand along with stable demand from domestic investors help to keep the Indonesian corporate bond yield stable despite the higher issuance in Q1-2025.
  • The stable domestic interest rate environment along with the high financing needed to support the government’s growth agenda seems to explain the higher corporate bond issuance.
  • Higher demand from retail and corporate investors may help to keep Rupiah-denominated bond yields stable amidst insurance and pension funds’ rotation to the stock market.