{
    "success": true,
    "data": {
        "id": 1826100,
        "msgid": "purbaya-chinese-investors-unconcerned-by-s-p-and-moodys-ratings-1782478289",
        "date": "2026-06-26 19:05:33",
        "title": "Purbaya: Chinese Investors Unconcerned by S&P and Moody's Ratings",
        "author": "",
        "source": "CNBC",
        "tags": "",
        "topic": "Finance",
        "summary": "Finance Minister Purbaya Yudhi Sadewa has stated that Chinese investors will disregard recent rating actions by S&P and Moody's when considering Indonesia's upcoming Panda Bond issuance. He emphasised that investors in China rely on assessments from domestic Chinese rating agencies rather than international ones. The government expects a favourable rating from the Chinese agency ahead of the bond's sale at the end of July 2026.",
        "content": "<p>Finance Minister Purbaya Yudhi Sadewa has addressed the recent\ndowngrades and negative outlooks issued by international rating agencies\nS&amp;P and Moody\u2019s, asserting that Chinese investors will not be swayed\nby these assessments regarding Indonesia\u2019s upcoming Panda Bond issuance.\nThe Panda Bond, a yuan-denominated debt instrument, is scheduled for\nissuance at the end of July 2026. Purbaya explained that investors in\nChina do not rely on ratings from international agencies. \u201cI think they\ndo not care about the rating from international rating agencies for the\nPanda Bond, because they are not really influenced by ratings from\nS&amp;P, Moody\u2019s, and others. They will look at what the Chinese rating\nagency says, and the Panda Bond is rated by a Chinese rating agency,\u201d he\nsaid during a media briefing at the Ministry of Finance on Friday\n(26\/6\/2026). He added that the Chinese rating agency would announce its\nassessment a few days before the bond sale, and he anticipated the\nresult would be \u201cvery good.\u201d This statement follows Moody\u2019s revision of\nIndonesia\u2019s outlook from stable to negative in April, while maintaining\nthe country\u2019s rating at Baa2. S&amp;P also affirmed Indonesia\u2019s rating\nat BBB\/Stable\/A-2 but noted that Indonesia\u2019s credit indicators are among\nthe most vulnerable in Southeast Asia to prolonged conflict and\nsustained energy market disruptions.<\/p>",
        "url": "https:\/\/jawawa.id\/newsitem\/purbaya-chinese-investors-unconcerned-by-s-p-and-moodys-ratings-1782478289",
        "image": ""
    },
    "sponsor": "Okusi Associates",
    "sponsor_url": "https:\/\/okusiassociates.com"
}