Indonesian Bond Demand Sinks to 10-Month Low as Rupiah Weakens

Demand for Indonesian bonds fell to the lowest in 10 months at an auction as a selloff in the rupiah deepened and concerns over the country’s fiscal health persisted.

By Matthew Burgess, Prima Wirayani · Bloomberg Markets

Demand for Indonesian bonds fell to the lowest in 10 months at an auction as a selloff in the rupiah deepened and concerns over the country’s fiscal health persisted.