Fitch rates Indonesia bonds BBB

Fitch Ratings said it assigned an expected rating of BBB to Indonesia's forthcoming dollar- and euro-denominated bonds.

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

The rating would be sensitive to any changes in Indonesia's long-term foreign-currency issuer default rating, Fitch said. The country also has a long-term local-currency issuer default rating.

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