JAKARTA: Foreign ownership of Indonesia's rupiah-denominated bonds rose to a record high in nominal terms this week, despite the rupiah falling to a 10-week low against the dollar, the finance ministry said.
Foreign ownership rose to 504.93 trillion rupiah ($39.19 billion), the highest nominal level according to finance ministry data dating back to January 2010.
On a percentage basis, foreign ownership represented 39.9 percent of the total outstanding 1,265 trillion rupiah ($98.20 billion) in government bonds. That was slighly higher than the 39.56 percent a week earlier.
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