Pertamina wows investors with 40 year bond

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Pertamina wows investors with 40 year bond

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HPN6MY Flag of Indonesia in a mixed stack of european coins and a blue background.(series) | Alamy Stock Photo

Oil and natural gas company Pertamina sold Indonesia's first 40 year dollar bond on Thursday. Investors flocked to the long dated paper, sold as part of a two-tranche transaction, pushing orders to more than $3bn for the $800m portion.

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