Indonesian Corporates Anticipated to Continue Dollar Bond Sales Despite Moody's Downgrade

Citigroup forecasts that Indonesian companies will proceed with dollar bond issuances this year. Bloomberg posted on X, noting that this expectation persists despite Moody's Ratings recently downgrading its outlook on Indonesia's government credit score earlier this month. The decision by Moody's has raised concerns about the country's economic stability, yet Citigroup remains optimistic about the corporate sector's ability to navigate these challenges. The bank believes that Indonesian firms will continue to seek opportunities in the dollar bond market, leveraging favorable conditions and investor interest source: https://www.binance.com/en/square/post/291082231539281?utm_source=BinanceNewsRSS