Thomson Reuters | Thomson Reuters to Deliver Indonesia Bond Pricing...

18 Jan 2012

Thomson Reuters to Deliver Indonesia Bond Pricing Agency Content over Desktop and Enterprise Services

Jakarta, Indonesia – Indonesia Bond Pricing Agency (IBPA), the provider of pricing and yield information for the Indonesia fixed income market, and Thomson Reuters, the world's leading source of intelligent information for businesses and professionals, today announced a wide reaching content distribution deal for customers dealing in Indonesia fixed income markets, to help them improve investment decision-making.

Users of Thomson Reuters premium desktops, Thomson Reuters Eikon and Thomson Reuters 3000 Xtra, will be able to access IBPA’s comprehensive range of bond pricing and related content, including evaluated intra-day and closing day data for Indonesian government and corporate bonds, yield curves, and bond indices. Pricing data will also be made available to customers through the DataScope suite of products for mark to market and enterprise risk management.

Adrian Gostick, head of Fixed Income and Foreign Exchange, Asia at Thomson Reuters, said: “The local and international demand for Indonesian bonds has been strong this year, and we expect this trend to continue thanks to an optimistic outlook for Indonesia’s long term economic fundamentals. IBPA’s best-in-class bond and Sukuk pricing provides customers with a greater level of transparency on the market, helping them make more informed investment decisions.

“We believe customers who elect to access the IBPA content through our premium desktops will have a distinct advantage over others in the Indonesia fixed income markets as they combine fixed income pricing and analytics together with real-time news and fixed income insights from Reuters journalists and analysts,” Gostick added.

Ignatius Girendroheru, president director of IBPA, said: “IBPA, as Indonesia’s first, licensed independent securities pricing agency, aims to promote increased transparency in the Indonesia fixed income market in particular and the financial industry in general. The existence of reliable, fair prices for bonds, Sukuk, and other securities from IBPA will provide investors, market participants and regulators with a clearer view of the fixed income markets and help investment decisions.

“This collaboration between IBPA and Thomson Reuters leverages IBPA’s in-depth knowledge of Indonesia’s domestic market and Thomson Reuters global reach. The fine blend of these two elements will help investors access Indonesia’s fixed income market, one of the fastest growing economies in the region,” Girendroheru added.

This deal expands the long-standing relationship between IBPA and Thomson Reuters, providing additional benefits for customers working in Indonesia’s fixed income markets.

About IBPA

Indonesia Bond Pricing Agency is the first and licensed independent securities pricing agency in Indonesia that focuses perform valuation and pricing of Indonesian fixed income securities, Sukuk, and other securities. IBPA acquired license as official securities pricing agency in Indonesia from Bapepam-LK (Indonesia Securities and Financial Institution Supervisory Board) in August 2009. IBPA provides daily market fair price and yield information for all Indonesian Government bonds and Sukuk, as well as Indonesian corporate bonds and Sukuk. IBPA’s aim is to support the development of the Indonesian fixed income market in order to become more orderly, efficient, liquid and transparent.

About Thomson Reuters

Thomson Reuters is the world's leading source of intelligent information for businesses and professionals. We combine industry expertise with innovative technology to deliver critical information to leading decision makers in the financial, legal, tax and accounting, healthcare and science and media markets, powered by the world's most trusted news organization. With headquarters in New York and major operations in London and Eagan, Minnesota, Thomson Reuters employs more than 55,000 people and operates in over 100 countries. For more information, go to thomsonreuters.com.