Fitch Rates Indonesia Euro Bonds at "BBB-"

Bareksa.com - Fitch Ratings has assigned Indonesia's forthcoming Euro-denominated bonds, issued under the Republic's Global Medium-Term Notes Programme, an expected rating of 'BBB-(EXP)'.

As quoted from IQPlus, the expected rating is in line with Indonesia's Long-Term Foreign Currency Issuer Default Rating (IDR) of 'BBB-' with Stable Outlook. The sovereign's Long-Term Local Currency IDR is also 'BBB-' with Stable Outlook.

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