JAKARTA -- Bank Indonesia (BI) reported that foreign capital inflow into the domestic financial market was recorded at IDR 8.61 trillion during the period 2-4 January 2024.

Executive Director of the BI Communications Department Erwin Haryono said this value consisted of net foreign capital inflows in the Government Securities (SBN) market of IDR 5.07 trillion, IDR 1.47 trillion in the stock market, and IDR 2.08 trillion in Bank Indonesia Rupiah Securities (SRBI).

Based on transaction data from the beginning of 2024 to January 4 2024, total net inflow of foreign capital in the SBN market reached IDR 1.79 trillion, in the stock market IDR 2.40 trillion, and in SRBI IDR 2.73 trillion.

The investment risk premium or 5-year Indonesian credit default swaps (CDS) premium as of January 4 2024 was 75.01 basis points (bps), an increase compared to December 29 2023 which was recorded at 68.45 bps.

The 10-year tenor Indonesian SBN yield rose to 6.66 percent. Likewise, the yield on US debt securities, aka US Treasury Notes with a tenor of 10 years, increased to 3.999 percent.

BI continues to strengthen coordination with the government and related authorities and optimize policy mix strategies to maintain macroeconomic and financial system stability in order to support further economic recovery.