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Indonesia Kicks Off First Dollar Bond Sale Since MSCI Fallout

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Indonesia Kicks Off First Dollar Bond Sale Since MSCI Fallout The Indonesian government kicked off a multi-part dollar bond offering on Thursday, the first publicly announced deal by the sovereign in the US currency since MSCI Inc. last month warned that it may remove local equities from its global indexes. The government was marketing a three-part Islamic finance Sukuk that included three-year notes offered at around 5.7%, according to a person familiar with the matter.

Indonesia Kicks Off First Dollar Bond Sale Since MSCI Fallout The Indonesian government kicked off a multi-part dollar bond offering on Thursday, the first publicly announced deal by the sovereign in the US currency since MSCI Inc. last month warned that it may remove local equities from its global indexes. The government was marketing a three-part Islamic finance Sukuk that included three-year notes offered at around 5.7%, according to a person familiar with the matter.
Indonesia (LOCATION) Fallout Indonesia Kicks Off First Dollar Bond Sale (EVENT) Indonesian (ORG) US (LOCATION) MSCI Inc. (ORG) Islamic (ORG) Sukuk (ORG)
Originally published by Bloomberg Markets Read original →