• Bank Indonesia Keeps Rates Unchanged But Boosts Banks' Liquidity

    The central bank of Indonesia, Bank Indonesia, left its interest rate regime unchanged - for the fourth straight month - at the January 2018 policy meeting. The benchmark BI 7-day Reverse Repo Rate was kept at 4.25 percent, while the deposit facility and lending facility rates were held at 3.50 percent and 5.00 percent, respectively (effective per 19 January 2018). These decisions were in line with analyst forecasts.

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  • IPO News Indonesia: LCK Global Kedaton Made Trading Debut

    LCK Global Kedaton, a telecommunication construction services company that was established in 2013, became the first company to make its trading debut on the Indonesia Stock Exchange in 2018. Mirae Asset Sekuritas acted as underwriter for the initial public offering (IPO). On Tuesday (16/01) the company was added on the local bourse.

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  • Rupiah-Denominated Global Bonds: Wijaya Karya Prepares Komodo Bonds

    Construction company Wijaya Karya (Wika) is conducting a roadshow for its rupiah-denominated global bonds (to be listed on the London Stock Exchange). Wika is following the example of state-controlled toll road operator Jasa Marga that listed its rupiah-denominated global bonds (also known as "komodo bonds") in London on 13 December 2017.

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