Fitch rates Indonesia bonds BBB

Fitch Ratings said it rated Indonesia’s proposed dollar- and euro-denominated bonds a BBB.

“The rating is in line with Indonesia’s long-term foreign-currency issuer default rating (IDR) of BBB with a stable outlook,” Fitch said in a press release.

Proceeds are intended for general budgetary use, including the government’s Covid-19 relief efforts.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.