2022 State Budget and Fiscal Incentives Presentation
IDR Tn
100
50
0
-50
-100
-150
Jan-19
Domestic Capital Market Performance Amid Global Challenges
10900
Despite the emergence of the Omicron variant, investors are still optimistic for a faster economic recovery and countries are still boosting their
vaccination rate.
Entering 2022, global indices performed moderately with some
countries still face challenges to recover
JCI's movement remained positive in early 2022, reflecting
positive sentiments and confidence from the market.
Stock Index Performance as of 13 January 2022 (compared to 31 Dec'21)
Comp Bond Index
Comp Stock Index (rhs)
TURK
340
11.12%
SIN
HKN
4.12%
4.08%
320
PHIL
2.37%
THAI
1.41%
300
INDO
0.89%
280
BRAZ
0.82%
EU
0.27%
260
MAL
-0.06%
JPN
WORLD
S KOR
-0.09%
240
-0.16%
-0.52%
220
US
CHIN2.13%
-0.61%
(% YTD)
200
7000
6500
6000
6,640.4
5500
5000
4500
4000
3500
3000
T
-3% -1%
1%
3%
5%
7%
9% 11% 13%
■Gov't Debt Securities
Non-resident portfolios of government bonds & equity recorded a
total net buy of IDR2.33 Tn in January 2022.
Mar-19
May-19
Jul-19
Sep-19
Nov-19
Jan-20
Mar-20
May-20
Source: Bloomberg and Ministry of Finance
T
Jul-20
Sep-20
Nov-20
Jan-2
Yield (%)
Equity
10
4.62
9
8
-2.29
7
f 13 January, 2022 N
Sep-2
Nov-2
5
10
Jan-19
Mar-19
May-19
Jan-19pr-19Jul-19Oct-19an-20Apr-20Jul-200ct-20an-2Apr-21ul-2Dct-21Jan-22
Government bond yields remain competitive with a slight
increase, followed by stable rupiah as risk premium is
maintained.
Jul-19
Sep-19
Nov-19
Jan-20
Mar-20
May-20
Jul-20
Sep-20
5-yr Yield
20-yr Yield
Nov-20
10-yr Yield
USD/IDR
IDR (rhs)
18,000
14,000
10,000
6,000
2,000
Jan-21
Mar-21
May-21
Jul-21
Sep-21
Nov-21
Jan-22
172View entire presentation