Indonesia plans to maintain an active presence in international bond markets next year, continuing its strategy of issuing various global instruments such as Kangaroo and Dim Sum bonds. According to Finance Ministry official Suminto, staying engaged in global issuance helps Indonesia strengthen its visibility and create reliable benchmarks for both state-owned and private-sector issuers. The government has already launched seven global bonds this year across multiple currencies, including USD, euros, Japanese yen, and its debut Kangaroo and Dim Sum offerings.
The government is also exploring the potential issuance of yuan-denominated Panda bonds in 2025, with ongoing discussions on structure and terms. Authorities emphasize an open and positive stance toward diversifying funding sources, viewing these instruments as opportunities to deepen Indonesia’s global financial integration and enhance investor confidence.
