Berlimpahnya likuiditas global paska krisis global mengakibatkan membanjirnya aliran modal internasional ke pasar Surat Utang Negara (SUN). Selain bermanfaat, aliran modal asing tersebut,berpotensi menimbul risiko pembalikan aliran modal asing yang dapat menimbulkan ketidakstabilan di pasar keuangan domestik. Paper ini menganalisis faktor-faktor yang mempengaruhi keputusan investasi investor as…
In the midst of global uncertainty, the ?investment grade? rating achievement at the end of 2011 and early 2012 has boosted optimistic sentiment to the surge of foreign capital flows and the decrease of borrowing cost for domestic investment activities. Empirical studies showed that this achievement would decrease the spread of sovereign bonds significantly along with the decline of probability…