Danantara Plans New Low-Yield Bond as Investors Shun Indonesia
Indonesia’s sovereign wealth fund Danantara is planning to sell local-currency bonds that will pay interest below market rates at a time when global investors are rapidly losing confidence in the...
By Megawati Wijaya, Harry Suhartono, Chanyaporn Chanjaroen · Bloomberg Markets
Indonesia’s sovereign wealth fund Danantara is planning to sell local-currency bonds that will pay interest below market rates at a time when global investors are rapidly losing confidence in the nation’s markets.