Danantara Indonesia issues $412m long-term notes

Danantara Indonesia issues $412m long-term notes

Pandu Sjahrir, Chief Investment Officer of Indonesia's sovereign wealth fund Danantara, speaks during an interview with Reuters in Jakarta, Indonesia, February 28, 2025. REUTERS/Willy Kurniawan

Sovereign wealth fund Danantara Indonesia said on Tuesday it had issued two series of long-term notes worth 7 trillion rupiah ($412 million).

The value of each tranche of notes is 3.5 trillion rupiah. One will mature in March 2031 and the other will mature in March 2033, the Indonesian Central Securities Depository’s website showed on Tuesday.

Both sets of notes carry a fixed 2% interest rate.

Last year, Danantara issued 61.4 trillion rupiah of medium-term notes, the depository’s website showed.

($1 = 16,972 rupiah)

Reuters

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