(Bloomberg) -- Indonesian government bonds rose to near a three-month high as yields attracted investors. The rupiah was little changed on speculation the central bank had acted to curb the currency's appreciation.
Indonesia is benefiting from so-called carry trades, purchases of high-yield securities with borrowed yen. The country's benchmark rate of 9 percent, the third-highest in Asia, is 18 times the Bank of Japan's 0.5 percent target rate.
Read more at Bloomberg Bonds News
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