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Fixed Income Trading
Trading of fixed income instruments is one of the fast moving activities
in the financial sectors and is one of the most profitable business
activities. The trading of performing fixed income instruments has been
very active in Indonesia since early 1990s. The regional economic
upheavals in 1997, which brought many companies to face difficulties in
fulfilling their financial obligations to their creditors, has also
opened up another segment in fixed income trading in Indonesia:
distressed asset trading both in USD-denominated fixed instrument and
IDR-denominated. Capitalizing on this market opportunity. The Fixed
Income Division of Batasa Capital has been very active in Indonesian
fixed income trading for both performing and distressed assets segment.
The fixed Income Division of Batasa Capital is actually one the most
active Indonesian player in Indonesian distressed assets trading.
The Fixed Income
Division of Batasa Capital have established a strong network and
relation with various counterparties, such as financial institutions,
corporations (both private and government) and high net worth
individuals.
USD-denominated
Fixed Income instruments traded include, but not limited to: Commercial
Papers (CP), Promissory Notes (PN), Medium Term Notes (MTN), Floating
Rate Notes (FRN) and Eurobond, both distressed and performing IDR-denominated
Fixed Income instruments traded included, but not limited to: Government
Bonds, Recapitalization Bonds (Recap Bonds), Commercial Papers (CP),
Promissory Notes (PN), Medium Term Notes (MTN, and RepurchaseAgreement (REPO).
Since early 2004,
the Fixed Income Divisionof Batasa Capital has also been active in IDR-denominated
Islamic bonds (shari’a bonds) trading, as well as assisting and
educating existing clients into investing in Islamic bonds. The Fixed
Income Divisionis also actively promoting investment in USD-denominated
Islamic bonds issued by Supranational Organization such as Islamic
Development Bonds and countries in Middle East, Europe, and Malaysia to
Indonesian clients.
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