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Republic of Indonesia submits RFPs for benchmark-sized sovereign issue
By Reshmi Basu and Paul A. Harris
New York, Aug. 25 - The Republic of Indonesia has issued request for proposals for a benchmark-sized offering of sovereign bonds, according to a market source.
On April 13, Indonesia priced $1 billion of 10-year bonds (B2/B+/BB-) at 99.127 to yield 7 3/8%.
Citigroup, Deutsche Bank and UBS AG were the bookrunners for the Rule 144A/Regulation S transaction.
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