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They’ve #trademarkagent explained to us, but we found their argument not credible. It’s not that we think we’re so great, but we look at ourselves and we look at other countries’ economies,” Nazara said. “Our mindset is, if you’re doing business here in Indonesia, the spirit is to maintain stability. Don’t create unnecessary volatility to create business,” he added. Robert Pakpahan, Indonesia’s director general for budget financing and risk management, told reporters on Tuesday that JPMorgan’s research should not have a major impact on Indonesia’s future bond issuance, but the sanction on JPMorgan would remain in place “until we say otherwise”. Straightforward Guidelines For Practical Best Trademark Agent Programs | Trademark Factory International IncPrimary dealers of Indonesian government bonds as of Nov. 25 included Citibank, Deutsche Bank AG, Hongkong and Shanghai Banking Corporation Limited and local lender PT Bank Central Asia Tbk, according to the finance ministry’s website. ( http://bit.ly/2iKae6n ) Indonesia’s 10-year credit default swap, a contract used to measure credit risk in fixed-income products, and the yield on its benchmark 10-year bonds spiked after the U.S. election, though they have since dipped. Trump signalled more protective U.S. trade policies, raising concerns about the impact on developing markets. Analysts have said Indonesia’s economy should be supported by domestic consumption, which makes up more than half of gross domestic product. But the relatively high foreign ownership of government bonds and Indonesia’s lack of depth of financial markets make it vulnerable to capital reversals, they say. Indonesia’s central bank said shortly after the Federal Reserve raised U.S. interest rates in December that it was on guard against “reversals” of capital flows into the country.
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