Indonesia thrives on small bond issues

April 15, 2015 3:34 AM

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SINGAPORE, April 15 (IFR) - Local bond sales in Indonesia have almost tripled year to date, outperforming other domestic markets elsewhere in South-East Asia.

Some Rp15.5trn (US$1.2bn) of bonds have been issued year to date, surpassing the Rp5.57trn sold in the same period last year. This compares well with the volumes in the local currency markets in Singapore and Malaysia, which have seen only a third to half of that sold last year.

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