Wednesday March 12 2025
News Source: Global Exchanges
Focus: General - Global Exchanges
Type: General
Country: Indonesia
On 10th March 2025, the Indonesia Stock Exchange (IDX) launched a new feature of Repurchase Agreement (Repo) Transactions on the Alternative Market Organizer System (SPPA).
This launch is in line with the SPPA development roadmap and aims to improve the efficiency, effectiveness, and liquidity of debt securities and money market trading by banks, Regional Development Banks (BPD) and Securities Companies.
With the launch of this Repo Transaction feature, SPPA Service Users can obtain the benefit of a facility to conduct Repo transactions using underlying debt securities, especially Government Securities (SUN). This Repo Transaction will complement the outright transaction feature (outright sale) which is currently available on the BEI SPPA platform.
In accordance with the digitalization strategy and strengthening of the Financial Market infrastructure implemented by Bank Indonesia, SPPA Repo is targeted to become a major part of the Financial Market Infrastructure in Indonesia.
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