Moody’s Investors Service has in June 29, 2017 assigned a provisional (P)Baa3 senior unsecured debt ratings to the USD and/or EUR-denominated bonds to be issued under the Government of Indonesia’s (Baa3 positive) $50 billion global medium-term note (MTN) program. It said this rating incorporated the country’s relatively low government debt levels, narrow fiscal deficits, and healthy growth as compared to similarly rated emerging market peers.To subscribe please click here
