BlackRock Remains Bullish on Indonesian Bonds Amid Protests

BlackRock, a big investment company, is still investing in Indonesian government bonds even though there have been protests in the country.

These bonds are seen as a good investment because they offer a good return, even with the risks of political problems.

BlackRock has actually increased their investment in these bonds, focusing on those that mature in 10 to 15 years.

The company believes the bonds still provide a safe return, even though there has been unrest related to rising living costs and inequality.

The President canceled a trip, and parliament will remove lawmaker perks that were a source of the unrest.

BlackRock's head of fixed income says the recent events haven't changed their investment strategy.