Interest rate decision · Indonesia

Indonesia Lending Facility Rate

The Indonesia Lending Facility Rate is Bank Indonesia's announcement of its main policy rate, the BI-Rate. It is the price of money in Indonesia: banks' borrowing costs, mortgage and loan rates and the return on cash all move with it.

Важность
Low
Опубликовано
Monthly
Следующая публикация
Валюта
IDR · Indonesian rupiah
Центральный банк
Bank Indonesia

Последние данные

Последняя публикация, за OCT, вышла 2026-10-21; значение: 6.5%. Это ниже консенсус-прогноза 6.75%. Без изменений по сравнению с 6.5% в прошлый раз.

A lower rate than expected usually weakens the Indonesian rupiah, lowers bond yields and supports stocks.

За последние 12 публикаций значение колебалось от 5.5% до 6.5%, в среднем 5.9%.

Nov 2025: 5.5%Dec 2025: 5.5%Jan 2026: 5.5%Feb 2026: 5.5%Mar 2026: 5.5%Apr 2026: 5.5%May 2026: 6.0%Jun 2026: 6.25%Jun 2026: 6.5%Aug 2026: 6.5%Sep 2026: 6.5%Oct 2026: 6.5% Nov 2025Oct 2026
Фактические результаты; короткая линия на столбце отмечает консенсус.
ОпубликованоДляФактКонсенсусПредыдущее
21 Oct 2026OCT6.5%6.75%6.5%
23 Sep 2026SEP6.5%6.5%6.5%
19 Aug 2026AUG6.5%6.5%6.5%
18 Jun 2026JUN6.5%6.50%6.25%
9 Jun 2026JUN6.25%–6.0%
20 May 2026MAY6.0%5.75%5.5%
22 Apr 2026APR5.5%–5.5%
17 Mar 2026MAR5.5%5.5%5.5%
19 Feb 2026FEB5.5%5.5%5.5%
21 Jan 2026JAN5.5%–5.5%
17 Dec 2025DEC5.5%5.5%5.5%
19 Nov 2025NOV5.5%5.5%5.5%

Посмотреть в экономическом календаре →

Почему это важно

No release moves markets more directly. The rate decides what holding the Indonesian rupiah pays, so the currency, government bond yields, bank shares and the whole stock market react within seconds. Markets usually price the decision in advance, so the surprise, and the tone of the statement and press conference, matter as much as the number: a hold with a hawkish message can lift the currency more than an expected hike.

Как считается

There is nothing to calculate: the rate is set by a vote of the central bank's policy committee at scheduled meetings. The committee weighs inflation against its target, the labour market, growth and financial conditions. Most decisions move in steps of 0.25 percentage point; 0.50 or more signals urgency.

Taylor rule (a rough guide many economists use):
rate ≈ neutral rate + inflation + 0.5 × (inflation − target) + 0.5 × output gap

Что означают изменения

  • Compare the decision with the consensus: a surprise move is rare and causes the largest reactions.
  • Read the statement for changes in wording; "further tightening may be needed" versus "policy is appropriate" is what traders act on.
  • Look at the vote split: dissents in one direction often foreshadow the next move.
  • A hike or hawkish hold usually lifts the Indonesian rupiah and bond yields; a cut or dovish tone does the opposite. Stocks usually prefer lower rates unless the cut signals a weakening economy.

Выше ожиданий: A higher rate than expected (or a hawkish surprise) usually lifts the Indonesian rupiah and bond yields and weighs on stocks.

Ниже ожиданий: A lower rate than expected usually weakens the Indonesian rupiah, lowers bond yields and supports stocks.

Краткая история

Central banks have set lending rates since the Bank of England raised its Bank Rate in the 18th and 19th centuries to defend its gold reserves. Since New Zealand adopted formal inflation targeting in 1990, most central banks set rates to keep inflation near a target, usually 2%.

Вопросы

What is the Indonesia Lending Facility Rate?

The Indonesia Lending Facility Rate is Bank Indonesia's announcement of its main policy rate, the BI-Rate. It is the price of money in Indonesia: banks' borrowing costs, mortgage and loan rates and the return on cash all move with it.

What was the latest Indonesia Lending Facility Rate?

6.5% for OCT, published on 21 October 2026 (consensus 6.75%, previous 6.5%).

When is the next Indonesia Lending Facility Rate?

On Wednesday 18 November 2026 at 07:30 UTC.

When is the Indonesia Lending Facility Rate announced?

On the dates of Bank Indonesia's scheduled policy meetings, published a year in advance; the calendar above shows the next one.

Why do markets move before the decision?

Interest-rate futures and swaps price the expected decision days ahead; on the day, only the difference from those expectations moves prices.

Только образовательный материал, не инвестиционная рекомендация. Цифры — опубликованные результаты в том виде, в каком их записал наш календарь; описанные реакции рынка типичны, но не гарантированы.