Moody’s maintains Indonesia’s long-term debt rating

Government of Indonesia held SBSN auction on Tuesday, 11 February 2020 for series PNS12082020 (new issuance), PBS002 (reopening), PBS026 (reopening) and PBS005 (reopening). The total offer received is IDR 69.57 trillion, the highest since the beginning of 2020. The total offer received in the previous SBSN auction is IDR 46.91 trillion. The amount of offer won from the total incoming bids are IDR 8 trillion, the same amount as the previous SBSN auction. (Ministry of Finance)

Moody’s Investors Service, maintains Indonesia’s long-term debt rating at Baa2 level, with a stable outlook. The rating is given by Moody’s for long-term debt instruments denominated in rupiah and foreign currencies. At the same time, Moody’s also maintained the MTN ranking of Baa2. (CNN Indonesia)

Source: Danareksa Sekuritas Debt Research
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