HIGHLIGHTS

  1. The yield on 10-year Indonesian Government Bonds stood at 6.181% on 11 December 2025, down from 6.191% recorded the previous day.
  2. Government bond trading volume reached IDR23.85 trillion, with activity primarily concentrated in short-term tenors (< 5 years). The volume declined from IDR37.40 trillion the day before and remained below the year-to-date (YTD) average of IDR49.96 trillion. Outright transactions totaled IDR16.09 trillion, also decreasing from IDR19.90 trillion in the previous session.
  3. Corporate bond trading volume amounted to IDR3,211 billion, still dominated by short-term maturities (< 5 years). The volume fell from IDR4,447 billion in the prior session and remained below the YTD average of IDR3,282 billion. Outright transactions reached IDR2,407 billion, down from IDR4,297 billion recorded the previous day.
  4. The Rupiah strengthened slightly by 0.06% to IDR16,675 per USD from IDR16,685, while the JCI declined 0.92% from 8,701 to 8,620. Brent crude prices eased from USD 62.80 to USD 62.46 per barrel, whereas WTI Cushing crude edged up from USD 58.25 to USD 58.46 per barrel.

GLOBAL UPDATES

  1. The US trade deficit narrowed sharply to USD52.8 billion in September, the smallest since mid-2020 and far below forecasts. Exports rose 3% to the second-highest level on record, driven by nonmonetary gold, pharmaceuticals, and financial services, while imports increased a modest 0.6%. The data also showed large swings tied to tariff-related volatility, with a surge in pharmaceutical imports partly linked to President Trump’s tariff threats. Inflation-adjusted figures showed the merchandise deficit at a five-year low, while record gold exports to Switzerland produced the largest-ever bilateral surplus. The gap with China continued to shrink.(Bloomberg)

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