Indonesia's sovereign wealth fund has reportedly asked banks to test investor demand for a potential new long-maturity U.S. dollar issue following its first offshore bond offering.
Indonesia's Danantara sovereign wealth fund is reportedly exploring another offshore fundraising step, asking banks to gauge investor appetite for a potential long-dated dollar bond after its debut offshore debt offering. The move suggests the fund may be assessing demand for longer-maturity financing in international markets, a common approach after an initial issuance helps establish pricing and investor interest.