Indonesia’s central bank (BI) has bought 1.6 billion USD worth of government bonds in the primary market, underlining its commitment to remain active in it as the country faces a burgeoning state budget deficit due to the rising cost of COVID-19 mitigation efforts.
Bank Indonesia (BI) has directly purchased 1.7 trillion Rp (108 million USD) worth of sharia sovereign bonds during an auction held by the government in its first such purchases in the primary market.
Ho Chi Minh City’s realty sector experienced a hazy first half of the year, with dwindling supply of both high-end and pocket-sized apartments, according to insiders.
The State Treasury sold G-bonds worth nearly 7.5 trillion VND (336.3 million USD), or 73.2 percent of the bonds offered on the primary market, between April 11 and 15.
Some 550 villas and row houses are set to be available in Hanoi’s real estate market by the end of this year, according to statistics from Savills Vietnam, the largest property company in the country.
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