Indonesia kicks off annual fundraising with dollar/euro combo trade

By Morgan Davis
06 Jan 2021

The Republic of Indonesia kicked off its 2021 bond issuance this week with a $3bn deal in dollars, split across 10 year, 30 year and 50 year notes, as well as a €1bn tranche.

The sovereign, which is rated Baa2/BBB/BBB, made four outings last year. It sold a dollar and euro deal in January 2020, a dollar bond linked to the pandemic in April, a sukuk in June and a Samurai bond in July.

It started top look at reentering the market at ...

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