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View Full Version : Indonesia Bonds Gain as Central Bank Cuts Rates; Rupiah Drops - Bloomberg



NewsWhore
02-09-2012, 05:52 AM
Indonesia Bonds Gain as Central Bank Cuts Rates; Rupiah Drops (http://news.google.com/news/url?sa=t&fd=R&usg=AFQjCNFOwEjisxvh0Rlxq0MUkEyfqkN41w&url=http://www.bloomberg.com/news/2012-02-09/indonesia-bonds-gain-as-central-bank-cuts-rates-rupiah-drops.html)
Bloomberg
The rate cut is negative for the currency.” The yield on the government's 7 percent debt due May 2022 fell eight basis points, or 0.08 percentage point, to 5.10 percent today, according to midday prices by the Inter-Dealer Market Association.

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