Indonesia: bring on the bonds

Indonesia continues to gear up for its second dollar bond this year.

Terrorist bombings and protests about fuel hikes aside, the Indonesian government continues to try to put a positive spin on its proposed global bond issue. Citigroup, Credit Suisse First Boston and Merrill Lynch are joint bookrunners of the $1 billion offering, which has the same10-year structure as the government's earlier deal this April.

With all preparations for the offering already intact, the government hopes to launch the global bond offering any time soon after the global capital market conditions are deemed favourable, said Minister of Finance Jusuf Anwar at a press conference at the Presidential Palace after returning from a New York and London roadshow last week. After the recent roadshow...

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