Indonesia cenbank to buy more govt debt in 2025 in deal over maturing COVID bonds

Coronavirus

JAKARTA : Indonesia's central bank said it will buy 150 trillion rupiah ($9.3 billion) of state bonds in the secondary market next year, more than replacing around 100 trillion rupiah of maturing bonds bought for a COVID-era programme, under a deal agreed with the government. Bank Indonesia (BI) bought tens of billions of dollars worth of government bonds from 2020 to 2022, and relinquished interest payments on some of them to the government, under a "burden sharing" arrangement with fiscal

Tag-uri: Coronavirus

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