Indonesian bonds poised for growth in new year

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Indonesian bonds poised for growth in new year

Indonesia_flag_PAImages_19Dec2019
(170817) -- JAKARTA, Aug. 17, 2017 (Xinhua) -- The Indonesian national flag is raised during the ceremony to mark the 72nd Independence Day of Indonesia at Merdeka Palace in Jakarta, Indonesia, Aug. 17, 2017. (Xinhua/Zulkarnain) (yy) | Zulkarnain/Xinhua News Agency/PA Images

Debt bankers and investors focused on Indonesia are eager to put the year behind them, after elections and a big dollar bond default dented issuance volumes. But they are optimistic about 2020, believing that the southeast Asian country could live up to its potential as a hotbed of high yield borrowing. Morgan Davis reports.

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