Subscriber Update - Regional Comprehensive Economic Partnership (RCEP)
Subscriber Update - Indonesia Enters Economic Recession in Q3-2020
Indonesia Investments Report - October 2020 Edition (2nd Half): the Great Islamic Bank Merger
Update COVID-19 in Indonesia: 497,668 confirmed infections, 15,884 deaths (23 November 2020)
23 November 2020 (closed)
USD/IDR (14,164) -14.00 -0.10%
EUR/IDR (17,105) +156.06 +0.92%
Jakarta Composite Index (5,652.76) +81.11 +1.46%
Indonesian Government May Issue its First Ever Euro Bonds in 2014
In anticipation of tighter US dollar supplies, the government of Indonesia is considering the issuance of euro-denominated bonds in 2014. This would be the first time for the government to issue bonds in the currency. Robert Pakpahan, head of the debt office within Indonesia's Finance Ministry, said that they are discussing both euro- and yen-denominated sovereign bonds, equivalent to USD $6 billion. The bonds will be used to cover the country's budget deficit, which is set at 1.69 percent of GDP or IDR 175.4 trillion (USD $15.5 billion) in 2014.