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MSCI Reviews Indonesia Market Status

MSCI to decide on downgrading Indonesia to 'frontier market' status or retain current 'emerging market' status on June 23rd

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** Reminder on May 17th: (ID) Indonesia 10-year yield rose 13bps to 6.8% [MSCI made cautious comments on certain Indonesia assets on May 12th]; Indonesia equity index -4% - - On May 19th, MSCI removed six Indonesian companies from MSCI Indonesia Index - **Reminder Jan 28th: (ID) MSCI also to apply interim freeze for Indonesia stock index changes; Effective immediately