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View all search resultsStrong demand for global bond reflects rising trust, Danantara says
After attracting US$4.6 billion in orders, Danantara increased the size of its bond issuance from US$1 billion to US$1.5 billion, split evenly between five-year and 10-year tenors.
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Danantara CEO Rosan Roeslani addresses reporters in the Presidential Palace complex in Jakarta on May 7, 2025. (BPMI Setpres/Cahyo)
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tate asset fund Danantara's inaugural international bond offering, which was three times oversubscribed, reflects growing confidence in Indonesia’s economic outlook and the fund’s investment strategy, according to Danantara CEO Rosan Roeslani.
“We met around 122 investors from various countries during the roadshow. Initially, we planned to raise US$1 billion, but orders reached approximately $4.6 billion during the book-building process," Rosan said during a press conference at the Presidential Palace on Monday.
"Given the strong demand, we decided to increase the issuance size from $1 billion to $1.5 billion, split evenly between five-year and 10-year tenors."
The announcement came a day after President Prabowo Subianto instructed Rosan, who also serves as Investment Minister to publicly communicate positive developments in Indonesia's investment landscape.
The bond issuance comprises a $750 million five-year tranche carrying a yield of 5.35 percent and a $750 million 10-year tranche priced at a yield of 5.95 percent.
Rosan said the final pricing exceeded market expectations, particularly given concerns that Danantara's debut issuance could face weak demand or require significantly higher borrowing costs.
"Many people predicted that nobody would want to buy the bonds, or that we would have to offer very high rates. Neither of those happened," he said.
