Foreign investors and the market for Indonesian government local-currency bonds

Before 2000, foreign investors held few bonds issued by governments in emerging markets that were denominated in local currency. Since 2000, such holdings have grown rapidly; in Indonesia, foreigners held nearly 40% of all local-currency bonds by 2019. This thesis examines the determinants of the yi...

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Main Author: Sulistiono, Arif Prabowo
Format: Thesis (University of Nottingham only)
Language:English
Published: 2023
Subjects:
Online Access:https://eprints.nottingham.ac.uk/72014/
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author Sulistiono, Arif Prabowo
author_facet Sulistiono, Arif Prabowo
author_sort Sulistiono, Arif Prabowo
building Nottingham Research Data Repository
collection Online Access
description Before 2000, foreign investors held few bonds issued by governments in emerging markets that were denominated in local currency. Since 2000, such holdings have grown rapidly; in Indonesia, foreigners held nearly 40% of all local-currency bonds by 2019. This thesis examines the determinants of the yields and intra-month volatility of ten-year Indonesian local-currency bonds and uses daily data to investigate the trading behaviour of foreign investors of different types.
first_indexed 2025-11-14T20:55:52Z
format Thesis (University of Nottingham only)
id nottingham-72014
institution University of Nottingham Malaysia Campus
institution_category Local University
language English
last_indexed 2025-11-14T20:55:52Z
publishDate 2023
recordtype eprints
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spelling nottingham-720142023-07-31T04:40:09Z https://eprints.nottingham.ac.uk/72014/ Foreign investors and the market for Indonesian government local-currency bonds Sulistiono, Arif Prabowo Before 2000, foreign investors held few bonds issued by governments in emerging markets that were denominated in local currency. Since 2000, such holdings have grown rapidly; in Indonesia, foreigners held nearly 40% of all local-currency bonds by 2019. This thesis examines the determinants of the yields and intra-month volatility of ten-year Indonesian local-currency bonds and uses daily data to investigate the trading behaviour of foreign investors of different types. 2023-07-31 Thesis (University of Nottingham only) NonPeerReviewed application/pdf en cc_by https://eprints.nottingham.ac.uk/72014/1/ArifSulistiono_14316569_thesis_correction.pdf Sulistiono, Arif Prabowo (2023) Foreign investors and the market for Indonesian government local-currency bonds. PhD thesis, University of Nottingham. Emerging markets; Government bonds; Government securities; Foreign investors; Investments Foreign Indonesia
spellingShingle Emerging markets; Government bonds; Government securities; Foreign investors; Investments
Foreign
Indonesia
Sulistiono, Arif Prabowo
Foreign investors and the market for Indonesian government local-currency bonds
title Foreign investors and the market for Indonesian government local-currency bonds
title_full Foreign investors and the market for Indonesian government local-currency bonds
title_fullStr Foreign investors and the market for Indonesian government local-currency bonds
title_full_unstemmed Foreign investors and the market for Indonesian government local-currency bonds
title_short Foreign investors and the market for Indonesian government local-currency bonds
title_sort foreign investors and the market for indonesian government local-currency bonds
topic Emerging markets; Government bonds; Government securities; Foreign investors; Investments
Foreign
Indonesia
url https://eprints.nottingham.ac.uk/72014/