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Indonesia's Kangaroo Bond Sale a Tricky Call for Local Investors

Indonesia's Kangaroo Bond Sale a Tricky Call for Local Investors

Bloomberg21-07-2025
Indonesia's plan to issue its first Australian dollar-denominated debt next month has piqued investor interest, though questions mount on how it'll fit into local managers' portfolios.
Australia's sovereign Kangaroo market isn't large and Indonesia's issuance is not aligned with the more well known supranational debt from developed markets, according to Betashares Capital Ltd. Funds may also be unable to hold the bonds due to Indonesia's low investment grade credit rating, according to Jamieson Coote Bonds Pty.
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