JAKARTA. UK-based bank HSBC sees Indonesian bonds, both sovereign and corporate, as a good option amid the global yield slump. Recently, global bond yields have declined due to low inflation in developed countries. Concerns about Britain exiting the EU have even driven the yields on some investment-grade bonds, such as German ones, into negative territory. "The investment price in Indonesia is very cheap now," HSBC global assets management chief investment officer Denis Gould told thejakartapost.com in Jakarta on Wednesday, adding that Indonesian bonds offered interesting returns, as the yield was rather flat and less volatile.
Indonesian bonds attractive: HSBC
JAKARTA. UK-based bank HSBC sees Indonesian bonds, both sovereign and corporate, as a good option amid the global yield slump. Recently, global bond yields have declined due to low inflation in developed countries. Concerns about Britain exiting the EU have even driven the yields on some investment-grade bonds, such as German ones, into negative territory. "The investment price in Indonesia is very cheap now," HSBC global assets management chief investment officer Denis Gould told thejakartapost.com in Jakarta on Wednesday, adding that Indonesian bonds offered interesting returns, as the yield was rather flat and less volatile.