The Finance Ministry emphasized that Indonesia had never defaulted on its debt since its independence in 1945 despite currently recording the highest debt .
Assistant director of Bank Indonesia's macroprudential department, Heru Rahadyan, on Wednesday advised the public to choose green financial or investment .
By Reuters Staff
2 Min Read
JAKARTA, July 21 (Reuters) - Indonesia is marketing three tranches of U.S. dollar-denominated bonds, a finance ministry official said on Wednesday, in what would be its fourth global debt issuance this year.
The bonds offered are 10-year bonds with initial price guidance around 2.550%, as well as bonds maturing in 2051 with price guidance in the 3.450% area and bonds maturing in 2071 in the 3.700% area.
“Through book building, the government is targeting an issuance in USD (U.S. dollar) benchmark size,” Deni Ridwan, debt securities director at Finance Ministry said, adding that the issuance is in line with the government’s financing strategy.
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