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Indonesia Markets First Panda Bonds as It Diversifies Funding

Bloomberg Markets Tuesday 21 July 2026, 07:02 UTC By Janice Huang and Harry Suhartono 1 min read
Key Points

Indonesia Markets First Panda Bonds as It Diversifies Funding Indonesia has begun marketing its inaugural yuan-denominated bonds in China’s domestic debt market, as Southeast Asia’s largest economy seeks to diversify funding sources amid currency volatility and fiscal challenges. The country is offering three-year and five-year panda bonds, targeting a combined initial issuance size of as much as 7 billion yuan ($1 billion), according to bond offering documents.

Indonesia Markets First Panda Bonds as It Diversifies Funding Indonesia has begun marketing its inaugural yuan-denominated bonds in China’s domestic debt market, as Southeast Asia’s largest economy seeks to diversify funding sources amid currency volatility and fiscal challenges. The country is offering three-year and five-year panda bonds, targeting a combined initial issuance size of as much as 7 billion yuan ($1 billion), according to bond offering documents.
Indonesia Markets First (ORG) Diversifies Funding Indonesia Markets First (ORG) Diversifies Funding (ORG) Indonesia (LOCATION) China (LOCATION) Southeast Asia’s (LOCATION)
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