The Republic of Indonesia begins global roadshows on Thursday for a new global sukuk deal, its first benchmark borrowing of the year in the offshore markets.
The prospective Reg S144a transaction is being led by CIMB, Citi, Deutsche Bank, Dubai Islamic Bank and Standard Chartered.
A few weeks ahead of the roadshow, Robert Pakpahan, Indonesia's director general of budget financing and risk management, spoke to FinanceAsia about the sovereign's funding plans for the year in an interview, which will be published in the April edition of the magazine.
Pakpahan says he hopes declining oil prices and shrinking investment funds from the...