Indonesian Stock Exchange (IDX) said potential corporate bond issue reaches Rp22.9 trillion in the coming months, mostly issued by banking and financial sectors. So far a total of Rp87.77 trillion bonds has been listed at the local bourse.
Bank Rakyat Indonesia (BBRI) will issue Rp5 trillion bond, followed by other banks; Bank CIMB Niaga (BNGA) Rp2 trillion plus subordinated bonds worth of Rp1 trillion, Bank Tabungan Pensiunan Nasional (BTPN) and Bank Mandiri Taspen Rp1 trillion each.
Until Sept. 26, 2019 the IDX has registered 76 corporate bonds and SUKUK issuances with total amount Rp87.77 trillion from 42 companies. Its expected by the end of this year’ total corporate bond issuances reached Rp110.67 trillion.