Investors flock to Indonesian bonds

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Investors flock to Indonesian bonds

Indonesia_flag_PAImages_14Jan2020
An Indonesian man seen carrying the Indonesian flag, on the rock of Tanggamus, Lampung, on August 16, 2019, in commemoration of the 74th Independence Day of the Republic of Indonesia. (Photo by Ferdi Awed / INA Photo Agency / Sipa USA) | INA Photo Agency/SIPA USA/PA Images

Two Indonesian deals brought international investors some relief from the onslaught of Chinese bonds on Monday. Pertamina and Tower Bersama Infrastructure netted a combined $1.85bn from three tranches of notes.

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