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The case of rupiah jitters for Indonesia's foreign bond investors

Forward rupiah markets, bond yields down but Indonesia bonds still offer second-highest yield in Asia, after India
Thursday, March 5, 2015 - 05:50
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The rupiah is trading at its weakest levels since August 1998 and is down 4.5 per cent this year.

Singapore

FOREIGN portfolio investors are showing signs of losing faith in Indonesia's ability to support the rupiah, going by their lacklustre interest in the latest government debt auction.

At Tuesday's auction of bonds ranging in maturity from three months to 19 years, foreign