In anticipation of lingering global uncertainty, the government will issue 100% of its foreign currency bonds (or sovereign bonds) during the first half (H1) of 2018. The decision is also seen as a move to mitigate global market risk. This year, the government plans to sell three types of foreign currency bonds, namely, US-dollar bonds, Euro-denominated bonds and Yen-denominated bonds. The Finance Ministry has said it intends to raise Rp846.6 trillion through issuing government bonds and treasury bills this year.
Indonesia to Issue All Sovereign Bonds in H1
In anticipation of lingering global uncertainty, the government will issue 100% of its foreign currency bonds (or sovereign bonds) during the first half (H1) of 2018. The decision is also seen as a move to mitigate global market risk. This year, the government plans to sell three types of foreign currency bonds, namely, US-dollar bonds, Euro-denominated bonds and Yen-denominated bonds. The Finance Ministry has said it intends to raise Rp846.6 trillion through issuing government bonds and treasury bills this year.
