Indonesia expects S&P Global Ratings’ upcoming vote of confidence in its sovereign credit profile to help stabilize the domestic bond market following a June selloff, according to a finance ministry official. The development is aimed at improving market confidence after prior negative performance in local government bonds.
Indonesia expects S&P Global Ratings’ upcoming vote of confidence in its sovereign credit profile to help stabilize the domestic bond market following a June selloff, according to a finance ministry official. The development is aimed at improving market confidence after prior negative performance in local government bonds.
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