Indonesia Kicks Off Latest Foreign Bond Sale as Pressure Builds

Indonesia started marketing its latest dollar bond offering Tuesday and flagged that a euro-denominated tranche may follow when London markets open, as the Iran conflict stokes concerns about the nation’s economic vulnerability.

Indonesia has already tapped investors in both markets this year, in addition to the yen and China’s local-currency, raising the equivalent of billions of dollars. The government is marketing five-year and 10-year bonds Tuesday.