PT Federal International Finance (FIF), an Indonesia multi-finance company under Astra Group, launched local bonds worth of Rp1.3 trillion for retail investors. The bonds consist of two series, with tenor of 370 days and 36 months, carrying coupon rates at 7.50% and 8.75% respectively.

The underwriters of the bond issuance are PT BCA Sekuritas, PT DBS Vickers Indonesian Securities, PT Indo Premier Securities, PT Mandiri Sekuritas, PT Danarekasa Sekuritas and Trimegah Sekuritas Indonesia.