You are here

S&P maintains Indonesia's junk status

The country's failure to win full investment-grade status may take the shine off Asia's best-performing bond market
Friday, June 3, 2016 - 05:50


INDONESIA'S long wait to win full investment-grade rank just got longer after S&P Global Ratings maintained its junk status because of weak fiscal performance.

S&P on Wednesday affirmed the country's BB+ rating, while leaving the door open for a future upgrade by

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