FX.co ★ Indonesia Secures $2.54 Billion from Global Bond Sale for 2025 Budget

Indonesia successfully secured USD 2.54 billion through a dual-currency bond issuance in US dollars and euros, as disclosed by the finance ministry late Thursday. The raised funds are earmarked for financing the 2025 state budget, with the sustainable bond proceeds specifically allocated toward Sustainable Development Goal (SDG) initiatives, according to the ministry. The bond issuance involved three tranches: a 5.5-year tenor generating USD 600 million, a 10.5-year tenor raising USD 1.25 billion, and an 8-year tenor in euros amounting to EUR 600 million (around USD 693.72 million). The final yields were established at 4.35% for the 5.5-year bond, 4.95% for the 10.5-year USD bond, and 3.75% for the 8-year euro-denominated sustainable bond. Indonesia typically offers bonds in US dollars, euros, and Japanese yen to foreign investors and is a frequent issuer of Islamic bonds.