Based on the Board of Governors Meeting (RDG), Bi Will Reduce the BI 7-Day Reverse Repo Rate (BI7DRR) by 25 bps to 4.50%, the deposit facility interest rate by 25 bps to 3.75%, and the lending facility interest Rate by 25 bps to 5.25%. Bi will encourage economic growth with 7 steps, namely triple intervention, extend the sbn repo tenor to 12 months and provide daily auctions, increase the frequency of fx swap auctions, strengthen foreigning currency ) For Foreign Investors, Expanding the Policy of Easing Daily Reserve Requirements in Rupiah by 50bps, and Encouraging Non-Cash Financing. (Bank Indonesia) Central Banks in the Asia Pacific Pledged to Spend Billions of Dollars and Implemented New Policy Steps to STEM A Bond Market Rout on Thursday. The Bank of Japan and Bank of Korea offered to buy bonds worth a Total of $ 13.1 Billion, While Japan`s Authority Said It would supply Another 4 Trillion Yen ($ 36.7 billion) of funds. Australia’s Central Bank, One of the last major Holdduts Against Quantitative Easing, said it would buy government debt across the curve, while targeting a yield of 0.25%for the three-year bond. (Bloomberg) Source: Danareksa Securities Debt Research Photo by Zetong Li On Unssplash