Indonesia Launches Dollar Bond, Sets Guidance
January 09, 2012
Related articles
Rupiah Drops, Bond Yields Rise to 5-Month High on Greece Concern 9:45am May 15, 2012
Indonesia's Medco Energi Seeks Debt Relief, To Sell Bonds in 4 Currencies 5:56pm May 14, 2012
Indonesian Rupiah Pares Losses on Greek Rescue Package; Bonds Fall 10:53pm May 8, 2012
Indonesian Bonds Decline on Standard & Poor's Rating, Inflation; Rupiah Steady 3:44pm Apr 24, 2012
S&P Keeps Indonesia at Junk Status On Fuel and Policy Concerns 9:26pm Apr 23, 2012
Post a comment
Please login to post comment
Comments
490074My opinion, this is a gross mistake. If the idea came from U.S. or IMF, its even worse. To long to explain, we will be reading about this bond thing from one David Wilcock in the coming weeks.
- Previous
- 1
- Next
Hong Kong. Indonesia kicked off a much anticipated US dollar global bond on Monday, its first as an investment grade credit since Fitch promoted its sovereign rating in December to BBB- from a speculative grade of BB+, IFR reported.
The size of the issue was indicated as benchmark, which is typically at a minimum of $500 million. Guidance has been set at 5.375 percent to 5.500 percent on a long tenor of 30 years.
The deal comes a week after the Philippines saw heavy demand for its $1.5 billion, 5.00 percent, 25-year global bond.
Indonesia is expected to benefit from similarly strong demand as investors scour the globe for higher yield, and on the unallocated orders that it had received on its $1 billion seven-year global sukuk in November that chalked up a book of $6.5 billion.
The quick execution is facilitated by roadshows held in early December that brought the sovereign to London, Edinburgh, New York and Hong Kong. Joint leads are HSBC, JP Morgan and Stanchart.
Reuters
- Indonesia ‘Most Tolerant Country in the World’: Religious Minister
- Ask Atheists, Christians, Shiites and Ahmadis: Indonesia Is No Model for Muslim Democracy
- Indonesian Maid Spiked Boss' Coffee With Her Menstrual Blood
- Jakarta Police Would Dispatch Up to 4,000 Officers for Lady Gaga Show
- Hard-Line FUI Says Lady Gaga Promoter Offered it a Bribe
- When in Singapore, Act Like a Singaporean
- FUI: 'Christians Should be Upset With Gaga'
- More Muslim Groups Demand Cancellation of Lady Gaga’s Jakarta Show
- Australia’s Corby Gets Five-Year Sentence Cut
- Indonesia Wilts as Deforestation Moratorium Loopholes Go Unaddressed
-
2:05pm | Golkar Ground Split...
Golkar seems to be treated by Bakrie as his personal fiefdom, rather than acting in a democratic mode. -
2:02pm | A Gift of Sight for Tumor-Hit ...
HOw cool is that -n TY Sing docs -
2:01pm | Ethnic and Religious Criteria ...
@SenyumDunia. I particularly agree with meautiayu and Artemus Jones. Indonesia is not the only country with president from majority religious group -
1:58pm | President's Son Nearly Attacke...
Why the violent mob mentality in dealing with any problem? What are the police doing? This is out of hand. -
1:54pm | Indonesian Govt Official Stabs...
Yet another mentally deficient, arrogant government official. Does even have the intestinal fortitude to tell the truth about his attack - what a d -
1:52pm | President's Son Nearly Attacke...
....and the impending civil war draws ever closer. -
1:50pm | President's Son Nearly Attacke...
Dispatching Ibas to Ternate is a classic case of sending a boy on a man's job. -
1:46pm | Indonesia Wilts as Deforestati...
That would be a good idea muffinman to make a series of films and get these top stars to appear speaking against Deforestation
