Indonesia closes $1 billion bond amid muted demand

Indonesia is first to go after pause in debt markets, raising $1 billion after budget deficit is wider than expected.

<div style="text-align: left;"> Indonesia has revised its funding needs after the budget deficit turned out to be wider than expected </div>

Denise Wee

July 12, 2013

The Republic of Indonesia priced a $1 billion bond on Wednesday night, the first dollar bond out of Asia ex-Japan in more than a month.

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