Indo rally drives aggressive pricing for new PGN 10yr
Perusahaan Gas Negara made a much anticipated return to the dollar bond market this week, printing a $1.35bn 10 year bond on Monday inside its nearest comparable as dealers took advantage of a rally in Indonesian paper. And with no end to that rally in sight, more borrowers are expected to take advantage of the double digit spread tightening, writes Virginia Furness.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts