Indonesia returns in euros

Sovereign makes its second foray into euros to extend its maturity curve and diversify investor base.

Indonesia returns in euros

The Republic of Indonesia returned to the euro-denominated bond markets for a second outing on Thursday with a 1.25 billion bond deal.

The new transaction follows a debut 1 billion debut offering almost one year ago.

However, in a sign of how subdued markets have become over the past few months the new 10-year issue attracted an order book of 2.4 billion compared to 6.7 billion this time last year.

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