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MARKET MOVING: Foreign investors purchase govt bonds up to IDR10 trillion

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JAKARTA: Foreign investors purchased government bonds up to IDR10.14 trillion, following positive sentiment toward national bond market throughout July 2012.

Thus, foreign ownership in government bond per July 31,  2012 increased to IDR234. 56 trillion compared to the position in June that was only IDR224.42 trillion.

Such ownership is equivalent to 29.33% from the total outstanding of IDR799.66 trillion. The increase in July was greater than in June, which declined by IDR80 billion from May.

Foreign investors also increased their portfolio in corporate bond market throughout July period.

Data from PT Kustodian Sentral Efek Indonesia (KSEI) shows the amount of foreign ownership rose IDR46 billion to IDR9.33 trillion in July, compared to the position in June at IDR9.28 trillion. (T06/TW)

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