Thursday, December 10, 2009

Barclays, Citigroup and Credit Suisse arrange Indonesia global bonds

Indonesia Goverment hired Barclays Capital Plc,Citigroup Inc. and Credit Suisse Group AG to arrange the sale of dollar-denominated bonds in the first quarter of 2010.
The government plans to raise $11 billion from local and overseas bond sales in 2010 to finance a budget deficit forecast at IDR98 trillion, or 1.6 percent of gross domestic product.

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