Bank Indonesia bureau chief Difi A Johansyah said here on Tuesday the portion of foreign ownership in the state debentures rose at the end of December from 29.78 percent or Rp194.83 trillion while in the Bank Indonesia Certificates (SBI) from 26.93 percent or Rp53.92 trillion to 27.45 percent or Rp54.93 trillion.
He said during 2010 the net flow of foreign funds to the country reached Rp119.5 trillion. They entered into all assets with the biggest hike recorded in the state debentures (SUN) driven by optimism on domestic growth, attractive yield and positive sentiment in the global market.
He said the improving global and regional economic conditions ahead of the end of 2010 had triggered inflows into rupiah-based financial assets up to Rp3.39 trillion including SBI totaling Rp1 trillion, SUN Rp1.04 trillion and net buying of shares Rp1.35 trillion.
According to transactions in the share market total foreign funds that had come into the country reached 29.72 percent of the total share transactions.
Until December 29, 2010 bank credits also rose significantly by Rp20.01 trillion to Rp1,742.85 trillion. The hike came from an increase in rupiah credits to Rp13.95 trillion and foreign currency credits to Rp6.06 trillion.
So, year to date in 2010 credits rose by Rp312.65 trillion or 21.86 percent and year-on-year rose by Rp334.89 trillion or 23.79 percent.(*)
Editor: Heru Purwanto
Copyright © ANTARA 2011
