Investors Flock to Indonesia Dollar Bonds with Record Sales

  • Several Indonesian state issuers plan debt sales: Minister
  • Inalum $2.5 billion bond attracted more than 6 times demand
A street vendor sells protective masks in Jakarta.Photographer: Dimas Ardian/Bloomberg
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Indonesian borrowersBloomberg Terminal are selling a record amount of dollar bonds, as the country’s strong fiscal track record in recent years fuels optimism on its ability to weather the Covid-19 crisis.