Government Successfully Sells Global Bonds in Early 2020
The government, through the Finance Ministry, issues state securities (SBN) in foreign currencies or global bonds in early 2020, consisting of US Dollar and Euro-denominated bonds.
The US Dollar-denominated global bond is offered in two series, namely RI0230 with a tenor of ten years and RI0250 with a 30-year tenor. The government also provides the RIEUR0227 euro-denominated global bond with a tenor of seven years. Moody's Investors Service assigned Baa2 rating for these three bonds.