Indonesia is only just getting started, says Citi

Indonesia has had one of its most active years in investment banking and capital markets. Citi’s Indonesia CEO Tigor Siahaan explains what is attracting investors.
Citi’s Indonesia CEO Tigor Siahaan
Citi’s Indonesia CEO Tigor Siahaan

While the rest of the world slowed, investment banking and capital markets activity has grown in Indonesia this year. Why
It’s a combination of factors really that have put Indonesia very much in the spotlight. On the capital markets side you have seen the Republic of Indonesia issue a sukuk bond and the state-owned electricity company PLN Perusahaan Listrik Negara issue a $1 billion 10-year bond in the past couple of weeks. Citi was a joint bookrunner on both.

The order books for both these issues were in excess of $12 billion, which underlined that the global investor base remains keen to search out investment opportunities in Indonesia....

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222