Danantara Issues Inaugural USD1.5 Billion Global Bond

The Indonesian government has announced the successful issuance of Danantara’s inaugural global bond, raising USD1.5 billion. The offering garnered an overwhelmingly positive response from investors during roadshows in Hong Kong, Singapore, Boston, London, and New York. “We met with 122 global investors during the series of visits,” said Minister of Investment and Downstreaming/Head of BKPM and CEO of Danantara Indonesia, Rosan Roeslani, accompanied by Minister of State Secretary Prasetyo Hadi, during a press briefing at the Presidential Palace Complex in Jakarta on Monday (15/06/2026). Rosan stated that the amount of global bonds issued by Danantara successfully exceeded the initial target. “From the planned USD1 billion we aimed to achieve, the book building received approximately USD4.6 billion. Seeing such high book building, we upsized from USD1 billion to USD1.5 billion, which is divided into five-year and ten-year tenors,” he explained. In addition to surpassing the issuance target, Rosan noted that Danantara secured competitive yields. The five-year bond was closed with a yield of 5.35 percent, while the ten-year bond achieved 5.95 percent. “These are very, very good results. This also proves that investor confidence in Indonesia is high, and this is real,” he concluded. Rosan further explained that each of the two tenors successfully raised USD750 million, with part of the bond issuance already realised. “We signed on the 11th, and the funds will enter Danantara’s account on the 18th,” he revealed. Looking ahead, Rosan projects that Danantara could open opportunities to issue bonds with tenors of up to 30 years, based on the high investor appetite for Danantara’s instruments and the stability of Indonesia’s economic growth. “The appetite is very large because they see that Indonesia’s growth is relatively stable. There are ups and downs, which are always part of the cycle, especially amidst geopolitical and geo-economic factors,” he explained. Rosan also highlighted a notable shift in the geographical distribution of investors, with the United States emerging as the largest buyer, differing from historical records. For the five-year bond, 38 percent of investors came from the United States, 41 percent from Europe and the Middle East, and 21 percent from Asia. For the ten-year bond, 52 percent were from the United States, 31 percent from Europe and the Middle East, and 17 percent from Asia.