VOI - Voice of Indonesia | RRI - Radio Republik Indonesia

The Indonesian Finance Minister, Sri Mulyani Indrawati asked her staff, especially the Directorate General of Financing and Risk Management to increase studying or deepening   the government bond market. The market deepening is carried out through sales to various sales managers in the country and instrument diversification. In a press conference entitled Our State Budget (APBN) in Jakarta, Sri Mulyani recently explained that the market deepening is closely related to the amount of household savings, corporations and the Indonesian government.

“Maybe it can and will be done within the Ministry of Finance through diversification through sales to various fund managers in the country and instrument diversification. We will do it in order to deepen the market. But the fundamentals of market deepening are the supply of funding in the country. That is if the n saving investment gap is still negative, it means we import capital from outside. Therefore, market deepening has to do with the amount of savings made by households, companies, and the government,” Sri Mulyani said.

Sri Mulyani further said that she appreciates the market deepening efforts through the newly marketed saving bond retail (SBR) 004 and ordering through the network (online) and increasing the interest of the wider community including the millennial generation in Indonesia. The results of SBR sales are a great potential to continue to deepen the market and target more domestic buyers to strengthen a stable bond market. He also hopes that in an increasingly dynamic environment, the Directorate General of Financing and Risk Management can improve the ability to maintain the risk of state financial financing from domestic, foreign and other instruments. (VOI/Rezha/trans by PUTRI/ART)