Bond Pricing Agency Start Late May

Bond Pricing Agency Start Will Start its Operation in the End of May

Bond Pricing Agency (LPHE) will start its operation in the end of May, with main task to publish daily bond price as a reference for market.

Indonesian Stock Exchange (IDX) President Director Erry Firmansyah (05/13) said for the time being, bond price reference only released by IDX which only accomodate liquid bond price on daily transaction but there are no price reference for non liquid transaction which is not reported to the IDX.

BEI own 34% BPA share, while PT Kliring Penjamin Efek Indonesia (KPEI) 33% and PT Kustodian Sentral Efek Indonesia (KSEI) 33%. There’s a plan, that in the future the share will be sell to foreign investor.

Ignatius Girendroheru will be appointed as BPA president director and Hasan Fawzi will be the managing director.

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