Indonesia’s financial markets recently experienced a significant boost, attracting Rp1 trillion in foreign capital inflows between October 27 and 30, 2025, during this week’s trading days. This positive development was highlighted by Bank Indonesia (BI), underscoring renewed investor interest in the country’s economic landscape.
Ramdan Denny Prakoso, Executive Director of Bank Indonesia’s Communications Department, detailed the specifics of these flows. While foreign investors divested some assets in Government Securities (SBN) and Bank Indonesia Rupiah Securities (SRBI), their acquisitions in the stock market significantly outweighed these sales. “Based on transaction data from October 27–30, 2025, non-residents recorded a net buy of Rp1.00 trillion, comprising a net buy of Rp4.40 trillion in the stock market, alongside net sales of Rp3.23 trillion in SBN and Rp0.17 trillion in SRBI,” Denny explained in a statement released Saturday, November 1, 2025. This indicates a strong preference for equities among foreign investors during the period.
However, looking at the broader picture, Indonesia’s financial markets still experienced a net outflow of foreign capital for the year to date. From January 1 to October 30, 2025, total foreign investor flows showed a deficit of Rp179.17 trillion. This year-long trend involved net sales of Rp46.17 trillion in the stock market and Rp135.86 trillion in SRBI, partially offset by net purchases of Rp3.89 trillion in SBN. The recent week’s inflow, while positive, comes against a backdrop of significant earlier withdrawals.
Reflecting these market dynamics, Indonesia’s 5-year Credit Default Swap (CDS) premium showed an improvement, decreasing to 73.07 basis points (bps) on October 30, 2025, down from 78.95 bps on October 24. This signals reduced perceived risk for Indonesian debt. Meanwhile, the yield on the 10-year Government Securities (SBN) saw a slight adjustment, moving to 6.04% on Friday (October 31, 2025) from 6.03% on Thursday (October 30, 2025). For context, the US Treasury (UST) 10-year Note yield stood at 4.097% on Thursday (October 30, 2025), illustrating the yield differential between the two economies.
Concurrently, the rupiah exchange rate demonstrated strength, opening higher at Rp16,620 per US dollar on Friday (October 31, 2025), a gain from its closing position of Rp16,635 per US dollar on Thursday (October 30, 2025). This appreciation further underscores the positive sentiment. Concluding his statement, Denny reiterated Bank Indonesia’s unwavering commitment: “Bank Indonesia continues to strengthen coordination with the government and relevant authorities, while optimizing its policy mix strategy to bolster Indonesia’s external economic resilience.” This proactive approach aims to safeguard the nation’s financial stability amidst global uncertainties.
: IHSG Weakens This Week, BULL to TOBA Stocks Are Top Losers
: Investment Interest in Eastern Indonesia Prefers Stocks Over Saving in Banks
: LQ45 Rebalancing Effect, Blue-chip Stocks Become Global Investor Magnet
Summary
Pasar keuangan Indonesia mencatat masuknya modal asing sebesar Rp1 triliun antara tanggal 27-30 Oktober 2025. Aliran modal ini didominasi oleh pembelian bersih saham senilai Rp4,40 triliun, meskipun investor asing juga melakukan penjualan bersih di SBN dan SRBI.
Meskipun secara akumulasi tahun berjalan hingga 30 Oktober 2025 masih terjadi net outflow Rp179,17 triliun, premi CDS 5 tahun Indonesia membaik menjadi 73,07 bps. Nilai tukar rupiah juga menunjukkan penguatan, mencapai Rp16.620 per dolar AS. Bank Indonesia menegaskan komitmennya untuk memperkuat ketahanan ekonomi nasional.
