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Indonesian bonds an opportunity amid rout: BOAML

Asian currencies could depreciate 5-9% in the next 12 months
Thursday, June 11, 2015 - 05:50

Singapore

AS investors pull out of emerging Asia, opportunities arise in assets like Indonesian 10-year government bonds, currently trading at more than a 600 basis point (6 percentage points) spread to US 10-year bonds.

However, Asian currencies could depreciate 5 to 9 per cent in