1050 GMT [Dow Jones] Indonesia rupiah-denominated bonds are steady
ahead of the ECB outcome. "Technically, local bonds are in a
correction mode after recent gains; but if the ECB fails to announce
any concrete measures to resolve Europe's debt crisis, we will see a
major correction in rupiah bonds," a local dealer says. The 5-year
bond yield is at 5.31%, unchanged from Wednesday's close, the 10-year
is also flat at 5.68%, the 20-year is steady at 6.44%. The 15-year
yield edges up to 6.17% vs 6.16%. (andreasismar.sandiwan@dowjones.com)
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(END) Dow Jones Newswires
August 02, 2012 06:50 ET (10:50 GMT)
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