Danantara Indonesia Plans IDR50tn "Patriot" Bond Issuances

Key Summary:
- Danantara seeks IDR50tn "patriot bonds" for strategic projects
- There could be two debt issuances, each at IDR25tn with 2% coupon
- Proceeds could be used for renewable energy initiatives like WTE
According to Bloomberg, Indonesia’s sovereign wealth fund, Danantara, is reportedly planning to raise IDR 50 trillion (around $3.1 billion) in bond issuances to accelerate the country’s strategic initiatives, including waste-to-energy (WTE) projects.
What’s the headline? Based on the news, which is not officially confirmed, Danantara Indonesia is seeking two rounds of debt issuances called “patriot bonds” amounting to IDR 25 trillion each.