You are here

Corporate Indonesia eyes local debt market as dollar rises

Companies turning to rupiah bonds to refinance US dollar debt while market for domestic debt grows


INDONESIAN companies are turning to the local debt market to refinance dollar debt in a bid to limit the impact of currency volatility and capitalise on growing domestic demand for bonds.

Animal feed manufacturer Japfa Comfeed is among those looking at rupiah bonds to...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to