Composite Index Closes Up at 324,7181 (Wednesday, August 3, 2021)

The strengthening Indonesian Rupiah, nearing Rp 14,000 per US dollar, injected positive sentiment into domestic bond trading. According to data from the Indonesian Capital Market Supervisory Board (PHEI), the Indonesia Composite Bond Index (ICBI) closed up 0.3432 points (0.11%) to 324.7181 on Wednesday, August 4, 2021.

The INDOBeX Composite Clean Price closed up 0.1068 (0.09%) to 120.7092. Meanwhile, the INDOBeX Composite Effective Yield fell 0.0210 points (0.36%) to 5.8928.

The INDOBeX Government Total Return Index closed up 0.3373 points (0.11%) to 318.4708. Similarly, the INDOBeX Corporate Total Return Index rose 0.3643 points (0.1%) to 354.5822.

The benchmark government bond, FR0086 (4.7-year tenor), closed up 0.0555 points (0.05%) to 101.8555%. Its yield fell 0.0013 points (0.27%) to 5.0493%.

Meanwhile, the benchmark government bond, FR0087 (9.54-year tenor), closed down 0.0062 points (0.01%) to 101.8688%. Its yield rose 0.0008 points (0.01%) to 6.2365%.

According to Bloomberg data, the Rupiah strengthened by Rp 29.5 per US dollar (0.21%) to Rp 14,312.5 per US dollar at the close of trading. The Jakarta Composite Index (IHSG) also closed up 28.46 points (0.46%) to 6,159.04.