One Pager Series — SIMINVEST Bond Pharos
Indonesian government bond yields were mixed on Oct 6, 2026, with the 5Y–10Y curve flattening by 1.7 bps as the 5-year yield rose 2.4 bps to 6.99% and the 10-year increased 0.7 bps to 7.17%. The INDOBeX Composite edged down 0.07% to 439.330. Globally, the US ISM Services PMI eased to 54.9 in Sep-26 from 55.4, but remained in expansion for the 27th consecutive month, while price pressures climbed to their highest level since Jul-22. Domestically, the SBSN auction attracted solid demand, with IDR32.62tn in incoming bids against IDR10.0tn awarded, translating into a 3.26x bid-to-cover ratio and lifting total outstanding SBSN to IDR617.70tn. In the corporate bond market, LPPI fully repaid its IDR1.48tn bond rated idA, while Karya Pacific Energy repaid IDR199.1bn in bonds and sukuk rated idA-/idA-(sy), leading PEFINDO to withdraw the related ratings.