Indonesia takes euro premium in its stride to syndicates' surprise
![indonesia_roadmap_230px](https://assets.euromoneydigital.com/dims4/default/3490b1c/2147483647/strip/true/crop/230x150+0+0/resize/840x548!/quality/90/?url=http%3A%2F%2Feuromoney-brightspot.s3.amazonaws.com%2F58%2F84%2F72080ca9f6fd2e396dc0896c41f2%2Findonesia-roadmap-230px.jpg)
Indonesia opened books on its first ever euro bond issue on Tuesday and drew well over €4bn in orders for the seven year deal. But it is paying a hefty premium over its dollar curve, said debt bankers away from the deal, who were surprised that the sovereign deemed the cost of diversification worthwhile.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article: