Fixed Income Daily One Pager Series — Daily Bond Lantern
Indonesian government bond yields rose across the curve, with the 5-year yield increasing by 5.2 bps to 7.10% and outperforming the 10-year yield, which rose by 2.6 bps to 7.08%, resulting in a 2.6 bps flattening of the 5Y–10Y segment, while the INDOBeX Composite fell 0.09% to 430.638 and sukuk yields also edged higher. Market sentiment was supported by easing geopolitical risk from US–Iran negotiations and mixed global rates dynamics following higher US T-bill yields, while domestically the MBG program was temporarily suspended during school holidays for efficiency gains. On the corporate side, Indah Kiat Pulp & Paper and Adira Dinamika Multi Finance fully repaid their outstanding debt instruments, prompting PEFINDO to withdraw the related ratings after full settlement.