Pt Danareksa

PT. Danareksa: submission The Municipal Bond Market MM 6029 CORPORATE put on the line MANAGEMENT Erlangga Febrianno 29110011 Putra Samodra 29110073 Eko Ardiansyah 29110086 MASTER OF BUSINESS ADMINISTRATION SCHOOL OF BUSINESS AND MANAGEMENT INSTITUT TEKNOLOGI BANDUNG 2011 PT Danareksa Entering The Municipal Bond Market PT. Danareksa was established in 1978 as an investiture bank and was owned by Indonesian government. Its moving in focus in : * Investment banking * Mobilizing capital for corporate customers * Providing riches management services * Executing investment in various currencies At present, it was the only Indonesian financial services company to carry direct market access to its clients worldwide. Part of the strength of PT. Danareksa placed in ability to successfully to develop new products and services. It has introduced several(prenominal) new instruments to the Indonesian market such as vernacular funds services, US$-denominated fixed income funds, and syariah-based investment offerings in the worldly concern market.

The market for municipal bonds in Indonesia consisted of two distinct segments : * Bonds issued by municipal enterprises * Bonds issued by regional goverments On the positive side, bonds issued by municipal enterprises would be treated by regulations equally to average corporate bonds. PDAMs provided piped water system to domestic and small non-domestic water users, alone normallnya did not serve large-scale industrial users. In 2005, umpteen PDAMs barely covered operating expenditures, and over 80% were futile to service their loans or finance rehabilitation. On average, water losses were averaging 50% of production. Even though the overall picture was bleak, a small number of PDAMs were profitable and actively searching for outside financing to expand their distribution networks and build additional water treatment plants. The studies indicated a strong demand for piped water and willingness of the authority customers to pay... If you want to get a full essay, order it on our website: Orderessay

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