Media Ekonomi
Vol. 28 No. 2 (2020): Oktober

DETERMINANT OF INDONESIAN GOVERNMENT BOND ‘YIELD’ IN DOMESTIC PRIMARY MARKET

Bahtiar Usman (Fakultas Ekonomi & Bisnis, Universitas Trisakti)
Febrianto Dias Chandra (Staff at Direktorat Jenderal Pengelolaan Pembiayaan dan Risiko)
Syofriza Syofyan (Fakultas Ekonomi & Bisnis, Universitas Trisakti)



Article Info

Publish Date
30 May 2021

Abstract

This study aims to analyze determinants which might influenced yield of Indonesian Government Bond Denominated-Rupiah in primary market. We divide the determinant by three factors (i.e intrinsic factor, extrinsic domestic factor and extrinsic globar factor). Multiple regression using to analyze colinearity among variables in this study. The results showed that bond maturity, bond coupon rate, bond price in secondary market, bond performance in market, inflation rate, currency, money and stock domestic market condition, and money and bond global market condition are significantly affected Indonesian government bond yield in primary market.

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Journal Info

Abbrev

medek

Publisher

Subject

Chemical Engineering, Chemistry & Bioengineering Economics, Econometrics & Finance Environmental Science Social Sciences Other

Description

Media Ekonomi is published by Lembaga Penerbit Fakultas Ekonomi dan Bisnis (LPFEB) Universitas Trisakti. Since 2002, three times a year, (April, August, and December). This journal was accredited by Dikti of 2005-2008, and start from 2016, we change the publication frequency to twice a year (April ...