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Danantara Explores 30-Year Bond Sale After First Global Issuance
The Indonesian sovereign wealth fund is testing investor appetite for longer-dated debt following its debut international offering.
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Indonesian sovereign wealth fund Danantara is exploring the sale of 30-year bonds. The move follows strong demand for the fund's first-ever global issuance. Danantara completed that initial international bond sale before beginning work on the new 30-year offering.
The fund has not disclosed the size or timing of the planned transaction. @business reported the exploration of the 30-year bonds and the prior issuance results.
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