Indonesia jumpstarts 2020 funding with dollars, euros

Morgan Davis

January 08, 2020 06:30 am

Indonesia_flag_PAImages_8Jan2020 — Volunteers unfurled a giant Indonesian national flag in the Horse Statue area, Jakarta, on October, 20,2019. Ahead of the inauguration of Joko Widodo and MA'ruf Amin as President and Vice-President in the 2019-2024 period, a number of volunteers unfurled a red and white flag along the 200 meters. (Photo by Dasril Roszandi/NurPhoto) | Dasril Roszandi/NurPhoto/PA Images

The Republic of Indonesia made an opportunistic outing this week, tapping both the dollar and the euro bond markets for about $3bn. The sovereign started the year with a different approach to its annual funding, in a bid to take advantage of strong liquidity in both the currencies, writes Morgan Davis.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Request a Free Trial or Login

Topics

Deutsche Bank SSA Citi Asia Southeast Asia Sovereigns Indonesia Asia Pacific Emerging Markets Euro Société Générale Goldman Sachs

MD

Morgan Davis

Deputy editor GlobalCapital Asia