Danantara Mulls 30-Year Bond Days After Wealth Fund’s Debut Sale

Indonesia's sovereign wealth fund, Danantara, is considering issuing 30-year bonds shortly after successfully completing its inaugural global bond sale. The fund reported robust demand for its initial offering, indicating investor confidence and a potential appetite for longer-dated debt. This exploration into longer-term maturities suggests Danantara aims to diversify its funding sources and potentially lock in favorable borrowing costs for extended periods. The success of its debut sale, which saw significant investor interest, provides a strong foundation for further market engagement. The specific details regarding the potential 30-year bond issuance, including the target amount and pricing, have not yet been disclosed by Danantara.