Why bonds are the only game in town for Indonesian institutions

Unlike many of its South East Asia neighbours, Indonesia’s government bond yields have remained attractive relative to US Treasuries in recent times. Which is just as well, because domestic institutional investors have little alternative than to have most of their money in the bond markets. “Most people are putting their money in bonds, whether it’s medium terms or longer term bonds,” Antony Dirga, president of Trimegah Asset Management told AsianInvestor. “When you have high in…