Fidelity Sees Indonesia Buying Opportunity as S&P Keeps at Junk

  • Holdings in fund 21.7 percent versus 4.3 percent last year
  • Fidelity underweight Thai and Malaysia dollar bonds: Wong

Fidelity International says any weakness in Indonesia’s dollar bonds is a buying opportunity and that it gives the nation an investment-level score, after S&P Global Ratings refrained from raising the country’s rating last week.

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