Launch Partners

Monday, April 15, 2024

Launch Partners

Fitch assigns ‘BBB’ rating to Indonesian government’s proposed US dollar-denominated sovereign Sukuk

INDONESIA: Fitch has assigned a ‘BBB’ rating to the Indonesian government’s proposed US dollar-denominated sovereign Sukuk, a statement confirmed. The government intends to use the proceeds for general budgetary purposes and to invest in eligible green and blue projects, as defined in its Sustainable Development Goals Government Securities Framework. 

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