Treasury & Capital Markets
Indonesia kicks off Asia’s sovereign issuance in 2020
Strong rally in US interest rates and credit spreads allows sovereign to achieve lowest pricing across US and euro funding markets
Chito Santiago
10 Jan 2020
The Republic of Indonesia ( RoI ) became the first sovereign in Asia to access the G3 bond market in 2020 when it priced on January 8 a dual-currency offering as it capitalized on strong investor demand in the new year.