Research Article
The Effect of Inflation, Exchange Rate and Yield of Retail Sukuk to Trade Volume of The Retail State Sukuk Series SR-007 in Secondary Market
@INPROCEEDINGS{10.4108/eai.5-8-2020.2301133, author={Faraz Ayudia and Ummu Salma and Budi Permana Yusuf}, title={The Effect of Inflation, Exchange Rate and Yield of Retail Sukuk to Trade Volume of The Retail State Sukuk Series SR-007 in Secondary Market}, proceedings={Proceedings of the 2nd International Conference of Business, Accounting and Economics, ICBAE 2020, 5 - 6 August 2020, Purwokerto, Indonesia}, publisher={EAI}, proceedings_a={ICBAE}, year={2020}, month={10}, keywords={trade volume retail sukuk macroeconomics sukuk yield}, doi={10.4108/eai.5-8-2020.2301133} }- Faraz Ayudia
Ummu Salma
Budi Permana Yusuf
Year: 2020
The Effect of Inflation, Exchange Rate and Yield of Retail Sukuk to Trade Volume of The Retail State Sukuk Series SR-007 in Secondary Market
ICBAE
EAI
DOI: 10.4108/eai.5-8-2020.2301133
Abstract
The research aims to determine the trading volumes of retail state sukuk that are thought to be influenced by macroeconomics through inflation indicators and the rupiah/USD exchange rate as well as retail yield sukuk itself. This research uses multiple regression methods with retail state sukuk SR-007 series as research objects. The results of the study in partial inflation and yield were positively significant as well as the significant negative exchange rates on the trading volumes of the retail state sukuk SR-007 series. Simultaneously inflation, the exchange rate and the yield of retail sukuk have a significant influence on the trade volume of retail state Sukuk SR007 series. Regression Model shows R-squared adjusted value of 0.685428 This indicates inflation, the exchange rate and the yield of retail sukuk can explain the 68% of the dependent variable namely the trade Volume of retail state Sukuk series SR-007.
