Positive gains to continue
In the secondary market, corporate bonds reportedly gained positive returns during the first five months of 2017. In May 2017, the market posted a 1.1% mtm return. In total, the corporate bond market generated 6.3% in capital gains from January to May 2017.
Mutual funds still dominated net buy transactions in the bond market. In May 2017, mutual funds posted net purchases of IDR1.9 trillion, and a total of IDR13.1 trillion for the January-May period. Currently, mutual funds dominate corporate bond ownership with a 28.6% market share worth IDR94.8 trillion, followed by pension funds (21.8%, IDR72.2 trillion), banks (20.4%, IDR67.5%), and insurance firms (17.6%, IDR58.5 trillion). more ... For further information please register on our website.
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