{
    "success": true,
    "data": {
        "id": 1880327,
        "msgid": "indonesia-raises-1-billion-in-debut-panda-bond-sale-1784915412",
        "date": "2026-07-24 19:03:41",
        "title": "Indonesia Raises $1 Billion in Debut Panda Bond Sale",
        "author": " ",
        "source": "GALERT",
        "tags": "",
        "topic": "Finance",
        "summary": "Indonesia has successfully raised 7 billion yuan ($1.03 billion) through its first-ever Panda Bond issuance in China's domestic market, attracting strong investor demand with orders 2.4 times the amount offered. The government views the sale as a strategic move to diversify its funding sources and deepen financial ties with one of its largest trading partners. The issuance, which carried an AAA rating from a Chinese credit agency, underscores international confidence in Indonesia's economic fundamentals.",
        "content": "<p>Indonesia Raises $1 Billion in Debut Panda Bond Sale<\/p>\n<p>Jakarta. Indonesia has raised 7 billion yuan ($1.03 billion) through\nits inaugural Panda Bond issuance in China\u2019s domestic bond market, as\nthe government seeks to diversify its funding sources and broaden its\nforeign investor base.<\/p>\n<p>The offering, completed on Thursday, comprised 5.6 billion yuan of\nthree-year notes priced at a 1.9% yield and 1.4 billion yuan of\nfive-year notes carrying a 2.19% yield.<\/p>\n<p>Director General of Budget Financing and Risk Management Suminto said\nthe issuance supports Indonesia\u2019s strategy to diversify financing\ninstruments while strengthening access to China\u2019s capital market.<\/p>\n<p>\u201cThe issuance of yuan-denominated Panda Bonds is highly strategic,\ngiven China\u2019s role as one of Indonesia\u2019s largest trading and investment\npartners,\u201d Suminto told Jakarta Globe\u2019s sister publication Investor\nDaily. \u201cIt is also aligned with the rapid expansion of local currency\ntransaction cooperation between the two countries.\u201d<\/p>\n<p>The offering attracted 17 billion yuan in orders, or 2.4 times the\namount issued, reflecting strong investor demand.<\/p>\n<p>Orders for the three-year tranche reached 12.38 billion yuan,\nresulting in a 2.2-times bid-to-cover ratio, while the five-year tranche\nreceived 4.62 billion yuan in subscriptions, equivalent to a 3.3-times\nbid-to-cover ratio.<\/p>\n<p>Suminto said the robust demand and competitive yields underscored\ninvestor confidence in Indonesia\u2019s economic fundamentals and fiscal\nmanagement. He added that the issuance also benefited from an AAA rating\nwith a stable outlook assigned by China Lianhe Credit Rating Co.,\nLtd.<\/p>\n<p>Tags: Keywords:<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/indonesia-raises-1-billion-in-debut-panda-bond-sale-1784915412",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}