Moody's: Indonesia sukuk Ba1

Moody's Investors Service said it assigned a definitive rating of Ba1 to the securities under the Government of Indonesia's U.S. dollar-denominated sovereign sukuk due 2018.

Moody's definitive rating for these debt obligations confirms the provisional rating assigned on Oct. 12.

The agency said that in its opinion, the payment obligations represented by the securities available on offer are ranked pari passu with other senior, unsecured debt issuances of the Government of Indonesia and thus justify a rating at an equal level.

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