Diversity and innovation: Indonesia tops Asian sovereign issuance

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Diversity and innovation: Indonesia tops Asian sovereign issuance

The rise of the Republic of Indonesia in the international bond market has been spectacular over the past few years, with a series of high profile transactions that not only showcased the borrower’s attractiveness to investors, but also its willingness to innovate. The prospect of a ratings upgrade just around the corner should help continue momentum, but the economic picture is mixed, writes Rev Hui.

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