Arab Today, arab today indonesian central bank aims to sell longterm gov\t bonds
Last Updated : GMT 22:17:05
Arab Today, arab today
Arab Today, arab today

Indonesian central bank aims to sell long-term gov\'t bonds

Arab Today, arab today

Arab Today, arab today Indonesian central bank aims to sell long-term gov\'t bonds

Jakarta - Xinhua

Indonesian central bank governor Darmin Nasution said on Wednesday that the bank plans to sell long- term government bond as an effort to boost financial stability. The plan was made as the weakening global economy may lead the global investors to pull out their liquidity from emerging market that could trigger instability in financial sectors. And the weakening of the global demand of commodity may also weaken Indonesia\'s rupiah against the U.S. dollar. \"So far we focus on short-term and mid-term government debt paper (bond). Going forward we can not persistently focus on the short-term and mid-term bonds that their prices will be higher and not interested,\" he said at the Ritz Carlton Hotel here. Nasution has said that the central bank would be in the market to intensify intervention at currency and bond market for stabilization. \"The long-term government bond can be an alternative for keeping funds (for stability),\" he said. Another effort to maintain the stability, the central bank governor said that the bank also encouraged to deepen the shallow financial market. \"Our financial market is shallow compared to those in Thailand, Malaysia, and the Philippine,\" said Nasution, citing that the Philippine sovereign debt status was lower than Indonesia, one notch below Indonesia\'s status of investment grade. Indonesian central bank on Tuesday decided to lower its down limit of its deposit facility from 4.55 percent (150 basis points below the bank\'s interest rate) to 4 percent as an effort to boost the liquidity and boost transaction among banks in face of the uncertainty of the global economy, spokesman of the bank Difi A. Djohansyah said. But, the upper limit of the interest was remain at 7 percent, he said. The decision was to take affect on Jan. 18, the spokesman said. The central bank kept its benchmark interest rate at 6 percent on its meeting on Jan. 12 amid the concern that the government plan to ban private cars from consuming subsidized fuel on April 1, and weakening rupiah. The bank cut the basic rate by 25 basis points on October and 50 basis points in November to 6 percent that led rupiah depreciated to more than 6 percent.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today indonesian central bank aims to sell longterm gov\t bonds Arab Today, arab today indonesian central bank aims to sell longterm gov\t bonds

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today indonesian central bank aims to sell longterm gov\t bonds Arab Today, arab today indonesian central bank aims to sell longterm gov\t bonds

 



Arab Today, arab today
Arab Today, arab today Arab tradition glitters in Colombia

GMT 12:59 2017 Thursday ,19 October

Arab tradition glitters in Colombia
Arab Today, arab today Second US judge orders freeze

GMT 08:04 2017 Thursday ,19 October

Second US judge orders freeze
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Silent Republicans have their reasons

GMT 16:55 2017 Thursday ,19 October

Silent Republicans have their reasons
Arab Today, arab today Hiring not part of Alibaba pledge

GMT 11:26 2017 Wednesday ,18 October

Hiring not part of Alibaba pledge
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Sidem reveals plan to improve education

GMT 15:52 2017 Friday ,06 October

Sidem reveals plan to improve education
Arab Today, arab today Ex-French minister Dati wants tough action

GMT 10:54 2017 Thursday ,19 October

Ex-French minister Dati wants tough action
Arab Today, arab today Massacre fears spark race

GMT 19:09 2017 Thursday ,19 October

Massacre fears spark race
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes says recalls 400,000 UK cars

GMT 06:56 2017 Tuesday ,17 October

Mercedes says recalls 400,000 UK cars
Arab Today, arab today Britain's Vauxhall to cut 400 jobs

GMT 10:53 2017 Sunday ,15 October

Britain's Vauxhall to cut 400 jobs
Arab Today, arab today Hussein Fahmy happy for honoring in festival

GMT 07:47 2017 Tuesday ,17 October

Hussein Fahmy happy for honoring in festival
Arab Today, arab today Climate-disrupting volcanoes helped topple

GMT 16:00 2017 Wednesday ,18 October

Climate-disrupting volcanoes helped topple

GMT 09:31 2017 Monday ,16 October

Dalal Abdel Aziz happy for “Seventh Neighbor”

GMT 18:15 2017 Monday ,16 October

British actress becomes fifth woman

GMT 18:29 2017 Sunday ,03 September

Designer produced new set of ornaments

GMT 05:11 2017 Tuesday ,17 October

Three killed, 360,000 without power

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 23:42 2017 Monday ,16 October

Better Marriages Make

GMT 06:52 2017 Monday ,16 October

Airbus CEO says won't cling to job

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 20:46 2017 Thursday ,19 October

Qualcomm files lawsuits in China to ban iPhones

GMT 19:29 2017 Tuesday ,29 August

Yomna: decoration leaved positive effects
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday