You are here

Investors miffed at S&P for keeping Asia's best debt at junk

Debt assessor keeps Indonesia below investment grade after affirming its BB+ rating and positive outlook
Tuesday, June 7, 2016 - 05:50

Kuala Lumpur

INVESTORS have kept faith in Asia's best-performing sovereign bond market after S&P Global Ratings left Indonesia at junk status. One fund manager described the decision as disappointing and another as inexplicable.

S&P stands alone among the three major debt

Market voices on:

Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at

Powered by GET.comGetCom