OJK ups 2022 capital market fundraising target, confirms BliBli IPO – The Jakarta Post – The Jakarta Post
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The Financial Services Authority (OJK) has upgraded its target for the growth of the domestic capital market to more than Rp 182 trillion (US$11.94 billion) this year, more than 4 percent higher than initially projected.
OJK head of capital market supervision Inarno Djajadi told reporters on Monday that the watchdog had initially projected that between Rp 125 trillion and Rp 175 trillion in funds would be raised in the capital market this year, but that range had already been exceeded in September.
The assessment is based on funds expected to be raised from initial public offerings (IPOs), right issues and bond issuance.
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