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Published on 6/15/2016 in the Prospect News Emerging Markets Daily.

Fitch: Indonesia bonds BBB-

Fitch Ratings said it assigned an expected BBB- rating to Indonesia's forthcoming yen-denominated bonds.

The expected rating is in line with Indonesia's long-term foreign-currency issuer default rating of BBB- with stable outlook.

The rating on the bonds would be sensitive to any changes in Indonesia's long-term foreign-currency issuer default rating, Fitch said.

Indonesia has a long-term foreign-currency issuer default rating of BBB- and stable outlook.


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