08 January 2026
In December, Bank Indonesia increased both the volume and yields of SRBI auctions, which we view as part of its measures to support Rupiah stability. The average yield on 12-month SRBI rose to around 5.0% in December from 4.7% in November—an orderly and manageable increase that also flowed through to other money market instruments. In addition, several banks raised deposit rates by approximately 25 bps toward year-end, in line with seasonal liquidity management and reporting considerations.
Despite this year-end uptick, overall money market yields remain relatively low in a broader context. Looking ahead, we expect yields to stay contained through 2026, supported by a monetary outlook that still allows room for further easing. Against this backdrop, current money market yields remain attractive compared with the potential yield environment investors may face in the future, reinforcing the appeal of money market instruments as a source of stable carry while preserving liquidity.
Product Recommendation
| MONEY MARKET FUND | |
|---|---|
| MIPU | MIPU invests in Money Market Instruments with a Short-Term segment and is categorized as Low risk. Investors bear the risk associated with the Money Market Portfolio. |
| MPUS | MPUS Mutual Fund invests in Sharia-compliant Money Market Instruments with a Short-Term segment and is categorized as Low risk. Investors bear the risk associated with the Sharia Money Market Portfolio. |
For More Information
Contact Mandiri Investasi – (021) 526 3505
Mandiri Investasi Email – [email protected]
Mandiri Investasi Website – www.mandiri-investasi.co.id
DISCLAIMER
The opinions expressed in the article are for general informational purposes only and are not intended to provide specific advice or recommendations for individuals or specific mutual fund or investment products. It is intended solely to provide education about the financial industry. Views reflected in the content may change at any time without notice. All performance data and investment returns mentioned in this article cannot be used as a basis for calculation to buy or sell a mutual fund. This data is performance records based on historical data and is not a guarantee of future mutual fund performance. Investment through mutual funds carries risks. Investors are required to read and understand the prospectus before deciding to invest through mutual funds.
Written by
Leave a Reply