Indonesia proves savvy with $4bn maiden SEC registered bond

The Republic of Indonesia added yet another feather to its cap this week, selling its first SEC-registered bond on Monday. The sovereign has long been considered one of the most sophisticated debt issuers in Asia, and its new $4bn transaction shows how far it has come, writes Morgan Davis.

  • By Morgan Davis
  • 07 Dec 2017

Indonesia’s transactions have in many ways become uninteresting for a market that is used to the country’s success in the international debt market. But the sale of its first SEC-registered deal puts the sovereign on a new playing field.

“When you are an issuer, having as many channels ...

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