State owned Bank Mandiri is giving consideration to issuing U.S.

State owned Bank Mandiri is giving consideration to issuing U.S. dollar-denominated bonds in the international money market, according to its appointed underwriter The Hongkong and Shanghai Banking Corporation (HSBC) on Friday. The move marks the first time Bank Mandiri has sought foreign funds. It was not immediately clear for what purpose Bank Mandiri will need the new funds.