Bapepam wants ADB to issue rupiah-bond

07 May 2012

Indonesia urges the multilateral agency to issue rupiah bonds for infrastructure development and has prepared a raft of regulatory concessions.

The Asian Development Bank (ADB) should issue rupiah-denominated bonds to fund infrastructure development and both broaden and deepen the local bond market, according to Nurhaida, chairwoman of Indonesia’s Capital Markets and Financial Institution Supervisory Agency (Bapepam).

“We ask the ADB to tap our market and issue bonds so we ...

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