Tiga sekuritas dominasi penjaminan emisi

JAKARTA: Tiga perusahaan sekuritas-PT Danareksa Sekuritas, PT Bahana Securities, dan PT Danatama Makmur-mendominasi penguasaan pangsa pasar penjaminan emisi surat utang dan saham yang mencapai US$1,58 miliar sepanjang 2006. PT Danareksa Sekuritas, PT Bahana Securities, dan PT Danatama Makmur masing-masing menguasai pangsa pasar 12,5%, 11,2%, dan 10,2%, sedangkan 18 perusahaan sekuritas lainnya harus puas mengantongi pangsa pasar 0,1%-8,8% untuk total 48 emisi. Continue reading

Taking Barclays to the Next Level

Barclays is the largest sovereign bond underwriter in Indonesia. Now it wants to  just as big in investment banking.

Sity Leo Samudra.  ©Ahmad Zamroni/Forbes Indonesia

Built from scratch eight years ago, PT Barclays Capital Securities Indonesia is now the undisputed leader in the country’s debt market, by far the largest underwriter of Indonesian government bonds as well as corporate bonds. It underwrote 25% of the $11.5 billion government bonds issued last year, and this year to August has underwritten 15% of $6.3 billion, according to data from Dealogic. Its next largest rivals are Deutsche Bank and JP Morgan. Barclays is one of the few international firms that consistently meets the government’s stringent requirements for underwriters of global issues, says Rahmat Waluyanto, the director of debt management office at the Ministry of Finance . Continue reading