Danantara raises US$1.5bil in global bond offering debut
Indonesia's sovereign wealth fund, Danantara, successfully raised US$1.5 billion in its debut international bond offering. The issuance was oversubscribed, attracting significant interest from global investors despite current economic uncertainties.
Why it matters
This successful debut signals strong international investor confidence in Indonesia's institutional governance and credit profile.
JAKARTA: Indonesia's sovereign wealth fund Danantara Indonesia has raised US$1.5 billion (US$1 = RM4.05) through its inaugural international bond offering, attracting about US$4.6 billion in orders, more than three times the size of the issuance.
The article reports financial data and quotes from the agency without editorializing or taking a political stance.
Get smarter about the news
Sign up free for a feed built around what you actually care about, Dive Deeper research on any story, and the full text of every article.
Create free accountAlready have an account? Sign in