Bonds still fluctuate next week?

BUSINESS/JAKARTA: The movement of bonds during the next week will move fluctuation affected the nuclear crisis in Japan that led to investor panic and secure portfolio.
Reliance Securities analyst Gina Novrina Nasution said the explosion of nuclear power plants in Japan increasingly aggravating the decline in Japanese stock market. Investors looking to avoid risky assets like equities and commodities across Asia.
These conditions create uncertainty, especially a number of manufacturers in Japan was closed temporarily to restore the situation. "Sentiment is not only the effect on our stock, but throughout the world," Gina said, when contacted by Business, today.
Condition of natural disasters in Japan make the European stock markets fell to its lowest level in 14 weeks. Especially after two separate explosions in the Japanese nuclear power plant. Investors see the Japanese have a large amount of foreign debt, especially to countries in Europe, there is concern that this natural disaster could cause Japan to sell some of its debt to rebuild.
While crude oil prices dropped to 4% was recorded. The Federal Reserve expressed about the economic outlook is better. Investors also believe the impact on Japan's nuclear crisis on the stock is only temporary.
Ministry of Finance will auction 3-month tenor of SPN for the first time on Tuesday next week. Bonds to be auctioned is a 3-month tenor Bonds SPN, SPN bond tenor of 1 year, 5-year tenor FR55 and FR54 20-year tenor.
Earlier, Fitch Ratings Indonesia in the first 3 months of this year has made the rating of debt instruments published in Indonesia with a total value of Rp 5 trillion. This amount already includes half of the total value of Indonesia's debt rating letters throughout 2010.
"Last year a total of about Rp11 trillion, it's only 3 months alone has reached the half. This reflects the issuance of bonds is very good prospects," said President Director of Fitch Ratings Indonesia Baradita Katoppo. (Yn)AddThis Social Bookmark Button
source: .bisnis.com

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