Research Paper | Economics | Indonesia | Volume 5 Issue 8, August 2016
Analysis the Influence of Internal Factor and External Factor on Yield Bonds Government in 2011-2014
Utami Yuliani, Bambang Juanda, Trias Andati
Abstract: The decline of growth Indonesian economy caused investors to diversify their investment, therefore, the Indonesian government bond market has grown so rapidly. This study aims to analyze the relationship and influence of internal factor and external factor on yield bonds government. Bond yields in this study using a long-term government bonds ( >10 years) with fixed coupon bond and short term with zero coupon bond ( < 1 year). The study examines the internal factors consist of coupon bond, maturity and duration, while external factors consist of interest rate, inflation and the exchange rate to U. S dollar, for the period 2010 to 2014. The research shows that yield influenced by all factors except exchange rate, beside of that FEDV results showed that external factors had more contribution in bonds with long term tenors and internal factors had more contribution in bonds with short term tenor.
Keywords: Bonds, VAR, macroeconomic
Edition: Volume 5 Issue 8, August 2016,
Pages: 1090 - 1096
How to Cite this Article?
Utami Yuliani, Bambang Juanda, Trias Andati, "Analysis the Influence of Internal Factor and External Factor on Yield Bonds Government in 2011-2014", International Journal of Science and Research (IJSR), https://www.ijsr.net/get_abstract.php?paper_id=ART2016968, Volume 5 Issue 8, August 2016, 1090 - 1096
How to Share this Article?
Similar Articles with Keyword 'Bonds'
Research on the Effect of Green Finance on the Upgrading of Chinas Industrial Structure
Global Economic Crisis: An Empirical Study on the Diverging Scenario of Emerging Economies Post Crisis
Similar Articles with Keyword 'VAR'
An Economics Analysis of Rose Production System in Pushkar Sub-Tehsil of Ajmer
Dr. Gayatri Tanwar
A Study on Possibilities of India for being $5 Trillion Economy till 2025 Considering COVID-19 Crises
Similar Articles with Keyword 'macroeconomic'
A Review of the True Meaning of Economic Growth and Variations in Rates of Economic Growth around the World
A Comprehensive Study of Macroeconomic Forecasting Models based on Neural Network
Aashi Agarwal, Shalini Gupta