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Indonesia spies dollar, euro bond window at tight levels

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By Morgan Davis
22 Jul 2021

The Republic of Indonesia veered off its usual funding plan by heading into the bond market this week with a dollar-euro combination trade, at a time when it is feeling the brunt of a big spike in Covid-19 cases. But the stability in secondary market trading and a fall in US Treasuries offered the sovereign an opportunity to top up its coffers, writes Morgan Davis.

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By Morgan Davis
22 Jul 2021