Indonesia names banks ahead of sovereign bond sale

13 Dec 2009

The Republic of Indonesia may be the first Asian sovereign to open the global bond market in 2010 after picking three banks to manage a benchmark-sized deal.

Indonesia has mandated Barclays Capital, Citi and Credit Suisse to manage a debt sale that could be launched as early as January, rival bankers said on Friday.

That could make it the first Asian sovereign to tap the international markets in 2010, as bankers gear up for what is expected ...

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