Indonesia has begun marketing its second yuan-denominated bond in China’s domestic debt market, with a target of raising as much as 12 billion yuan (1.8 billion dollars), according to an announcement cited by Bloomberg. The offering would have three, five and seven year parts. The sale proceeds even as Southeast Asia’s largest economy grapples with the threat of a double downgrade from MSCI.
Indonesia markets second panda bond targeting 12 billion yuan
Indonesia has begun marketing its second yuan-denominated panda bond, targeting as much as 12 billion yuan (1.8 billion dollars) in three, five and seven year parts.
Why it matters: Jakarta is returning to China's domestic debt market for a second time while facing the threat of a double downgrade from MSCI, a test of how much the index risk is raising the cost of diversifying its funding away from dollars.
Data as of Bloomberg, November 9, 2026, read via the estate browser route; only the opening paragraphs were visible beyond the headline, the rest is paywalled, so this brief rests on a single source and the deal terms it carried from the offering announcement. Developing item.
Sources
- Indonesia Markets Second Panda Bond Offering Despite MSCI Threat - Bloomberg - 2026-11-09