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EBA

New Kid on the Block

Tuesday, July 1, 2003

Asset-backed securities will soon be launched at the Jakarta Stock Exchange. This new investment product has been much anticipated by investors and has great prospects.

arsip tempo : 178036856037.

. tempo : 178036856037.

MICHAEL Steven, the 39-year-old president director of Utama Kresna Securities, beamed when he described the prospects of asset backed securities (EBA) at a press conference foreshadowing their launch later this year. "The Indonesian economy would have recovered sooner if the government had taken advantage of EBA at the beginning of the crisis," said Michael. "We may need no more IMF aid," he added, arousing surprise. This last statement seemed e

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