Analysis: Panda Bond success tests its geopolitical balancing act
Indonesia's latest return to China's capital market has been met with overwhelming demand as the government successfully issued two tranches of yuan-denominated Panda Bonds totaling 7 billion yuan (Rp 18.6 trillion or US$1.1 billion) to help finance the 2026 state budget. The offering was oversubscribed by 2.4 times, underscoring continued confidence in Indonesia's fiscal outlook. However, the…
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- Analysis: Panda Bond success tests its geopolitical balancing act thejakartapost.com
