In the week of August 6-13, 2021, the Composite Bond Index fell 0.22% to 323.64.

The absence of positive sentiment from domestic factors that could spur market players to repurchase government bonds caused bond prices to correct throughout last week. The stalled strengthening of the Indonesian Rupiah against the US dollar also weighed on bond prices.

The Indonesian Composite Bond Index (ICBI) of the Indonesian Capital Market Supervisory Board (PHEI) closed at 323.8748 at the end of last week (Friday, August 13th), down 0.2381 points (0.07%) from the previous day's close. Cumulatively, from August 6th to 13th, 2021, the ICBI corrected by 0.7192 points (0.22%) from its previous week's position.

Specifically, the INDOBeX Composite Clean Price closed at 120.0908 at the end of the week, correcting by 0.4348 points (0.36%) from the previous week's close. Meanwhile, the INDOBeX Composite Effective Yield closed at 5.9845, increasing by 0.0634 points (1.07%) from the previous week's close.

The INDOBeX Government Total Return Index closed at 317.3563 last Friday, down 0.7429 points (0.23%) from the previous Friday's close. Similarly, the INDOBeX Corporate Total Return Index closed at 354.2028 at the end of last week, correcting by 0.2277 points (0.06%) from the previous week's close.

The Rupiah exchange rate weakened by Rp 35 per US dollar (0.24%) throughout last week, closing at Rp 14,387.5 per US dollar compared to the previous week's close.

Similarly, the Jakarta Composite Index (IHSG) of the Indonesia Stock Exchange corrected by 63.94 points (1.03%) from its previous week's closing position.