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Indonesia sells US$4b debt amid low yields

Average yield on sovereign dollar bonds was 4.75% on Dec 4, lowest level since June 2013

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Indonesia sold US$4 billion of 10- and 30-year dollar bonds, taking advantage of borrowing costs near a 19-month low to raise funds.

Jakarta

INDONESIA sold US$4 billion of 10- and 30-year dollar bonds, taking advantage of borrowing costs near a 19-month low to raise funds.

The 2025 debt was priced to yield 4.2 per cent and the longer maturity at 5.2 per cent, according to a statement on the Finance Ministry's