• USD/IDR is down at 15,322 in Jakarta morning; versus yesterday's close of 15,340.
• Bloomberg Asia dollar spot index is lower by 0.28% at the open and the Bloomberg Dollar spot index is 0.15% higher.
• USD/IDR one-month implied volatility is down this morning at 7.04%, versus 7.1650% close yesterday.
• Indonesia's 10-year bond yield is unchanged at 6.55%
• Indonesia 5 yr USD CDS at 65bps (yesterday close 65bp, 5-year low 58bp in 2020).

Headlines

• Despite ongoing strength in underlying economic data, the Central Bank in Indonesia surprised the market with a cut in rates, ahead of the Federal Reserve bank meeting (source:  MNI Australia). 

Data Releases

• External Debt

Government Bond Auction

• none