Purbaya heads to China and London to market Indonesia Panda Bond
The government is targeting a June 2026 launch, with coupons seen as cheaper than U.S. dollar-denominated debt.
Finance Minister Purbaya Yudhi Sadewa is scheduled to travel to China on June 16, 2026, to market Indonesia's planned Panda Bond issuance to investors. He will then continue to London to meet European investors and present Indonesia's economic conditions. The trip is part of efforts to broaden the investor base and diversify sources of APBN financing. Purbaya is targeting a Panda Bond launch in June 2026. He also said the yuan-denominated instrument is attractive because borrowing costs are expected to be lower than for government debt in U.S. dollars. CNBC Indonesia reported that the Ministry of Finance has also met with Industrial and Commercial Bank of China Ltd to discuss the follow-up to the issuance.