JAKARTA.The domestic obligation market will be facing internal and external challenges. However, the bonds remain prospective, thanks to the increase in demands from non-banking financial industry (IKNB), as well as the tax amnesty funds inflow. The performance of bonds during 2016 has been satisfying. According to the data of Indonesia Bond Pricing Agency (IBPA), as of 23 December 2016, Indonesia Composite Bond Index (ICBI) grew by 13,86% to the level of 208.67 on year to date (ytd) basis. During that period, the government and corporate bonds booked the total returns of 14.07% and 12.59%, respectively.
Bonds investment remains prospective
JAKARTA.The domestic obligation market will be facing internal and external challenges. However, the bonds remain prospective, thanks to the increase in demands from non-banking financial industry (IKNB), as well as the tax amnesty funds inflow. The performance of bonds during 2016 has been satisfying. According to the data of Indonesia Bond Pricing Agency (IBPA), as of 23 December 2016, Indonesia Composite Bond Index (ICBI) grew by 13,86% to the level of 208.67 on year to date (ytd) basis. During that period, the government and corporate bonds booked the total returns of 14.07% and 12.59%, respectively.