Overdue Offerings May Derail Indonesia’s Fragile Bond Recovery (Bloomberg)

Overdue Offerings May Derail Indonesia's Fragile Bond Recovery (Bloomberg)

Bloomberg Jul 31, 2018


Super-sized debt auctions are looming for Indonesia, threatening a nascent recovery in the bond market.
After the worst rout in two years, rupiah debt are contending with a new risk: the average size of offerings may rise for the rest of the year as the government catches up with issuance after a series of rejected bids. PT Sinarmas Sekuritas estimates each sale in the second half will be 25 percent bigger than the previous period.

 

Source: Bloomberg

https://www.bloomberg.com/news/articles/2018-07-29/overdue-offerings-may-derail-indonesia-s-fragile-bond-recovery