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Markets

Indonesia central bank buys $2.4bn in govt bonds

  • Bank Indonesia is a standby buyer at government bond auctions to help finance the country's COVID-19 relief.
Published February 3, 2021 Updated February 3, 2021 11:54am
By

JAKARTA: Indonesia's central bank has bought 33.53 trillion rupiah ($2.39 billion) worth of government bonds through auctions and greenshoe options this year as of Jan. 27, governor Perry Warjiyo told a business forum on Wednesday.

Bank Indonesia is a standby buyer at government bond auctions to help finance the country's COVID-19 relief. The central bank has also injected 12.08 trillion rupiah of liquidity to support the economy.

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