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World Biz  |  JANUARY 30, 2016 1:09PM

Indonesia funds to hold minimum 30% gov’t bonds

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indonesia_flag_generic_smallGovernment bonds will have to make up at least 30% of the portfolio of insurance firms and pension funds, the Indonesia Financial Services Authority (OJK) Chairman Muliaman Hadad told reporters on Friday.

The OJK regulation will be released this year and will apply in stages, Hadad said.



 
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