Slowdown expected in Indonesia as elections loom

Indonesia’s ratings upgrade last week is positive, but came ahead of an expected slowdown in investments into the southeast Asian country ahead of the 2019 general election, say market watchers.

  • By Morgan Davis
  • 16 Apr 2018
Last Friday, Moody’s upgraded the government of Indonesia’s rating to Baa2 from Baa3. The change was announced in the run up to the country’s election, which will see president Joko Widodo up for re-election. The election is scheduled to take place in April 2019, with campaigning starting later ...

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Panda Bonds Top Arrangers

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2 Industrial and Commercial Bank of China (ICBC) 14.01
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4 Agricultural Bank of China (ABC) 10.78
5 China CITIC Bank Corp 9.70

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1 Goldman Sachs 14,889.27 66 7.86%
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5 Goldman Sachs 10,460.58 48 4.05%

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