Politics
Indonesia Eyes $1.5 Billion Panda Bond as It Confronts MSCI Risk
Key Points
EXCLUSIVE Indonesia Eyes $1.5 Billion Panda Bond as It Confronts MSCI Risk Indonesia is seeking to raise 10 billion yuan ($1.5 billion) through a panda bond sale, returning to China’s onshore debt market as Southeast Asia’s largest economy confronts MSCI Inc.’s double downgrade threat. Indonesian officials met with some investors in Shanghai on Thursday for the potential bond offering, according to people familiar with the matter. The bond, which could be marketed as early as next month, may...
EXCLUSIVE
Indonesia Eyes $1.5 Billion Panda Bond as It Confronts MSCI Risk
Indonesia is seeking to raise 10 billion yuan ($1.5 billion) through a panda bond sale, returning to China’s onshore debt market as Southeast Asia’s largest economy confronts MSCI Inc.’s double downgrade threat.
Indonesian officials met with some investors in Shanghai on Thursday for the potential bond offering, according to people familiar with the matter. The bond, which could be marketed as early as next month, may have maturities of three, five and seven years, said the people, who asked not to be identified discussing private information.