Wednesday night saw the pricing of a highly successful bond deal for the Republic of Indonesia. Returning to the international bond markets for the first time since 1996, the government raised $1 billion from a tightly priced 10-year global via Deutsche and JPMorgan.
Below Cindy Powell, global head of syndication at JPMorgan, conducts the pricing meeting in New York surrounded by Indonesian government finance officials. We will send a bottle of Veuve Cliquot to the person who comes up with the most witty or clever caption.
Answers should be emailed to: [email protected]
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