US Investors Dominate Purchases of Danantara’s First Global Bonds
- 16 Jun 2026 16:20 WIB
- Voice of Indonesia
Key Points
- Indonesia's Danantara Investment Management Agency issued its first global bonds and raised $1.5 billion USD, which was higher than their original $1 billion USD goal because global investors showed huge interest.
- Historically, Asian investors buy the most Indonesian bonds, but this time investors from the United States became the largest buyers, making up 52% of the purchases for the 10-year bonds.
RRI.CO.ID, Jakarta – The Danantara Investment Management Agency made its debut in the international financial market by issuing global bonds worth 1.5 billion US dollars. Indonesia’s Minister of Investment and Downstream Industry and CEO of Danantara, Rosan Roeslani, said that the bonds surpassed their initial target of 1 billion US dollars, with purchases dominated by US investors.
At the Presidential Office in Jakarta on Monday, June 15, 2026, Danantara CEO Rosan Roeslani reported that his team had just completed a round of roadshows in Hong Kong, Singapore, Boston, London, and lastly New York. He stated that the positive results of the roadshows were evidenced by the high level of confidence global investors have in Indonesia’s economic fundamentals.
During the roadshow, the Danantara team issued its first global bond and met with 122 investors from various countries. Rosan noted that this extraordinary enthusiasm caused the total offering or peak order book to surge to 4.6 billion US dollars, more than three times the initial plan.
Rosan said, “Of the billion-dollar target we aimed to achieve, the book-building orders received totaled around 4.6 billion dollars. Given such high demand, we ultimately decided to upsize the offering from 1 billion to 1.5 billion, 1.5 billion US dollars.”
Along with the high level of enthusiasm, Rosan noted a shift in patterns during this debut, where U.S. investors actually became the largest buyers of the bonds, displacing the dominance of the Asian market, which has historically been the primary customer for Indonesian bond issuances. The majority of these investors are asset managers or global fund managers.
“It can be said that typically, the buyers of Indonesian bond issuances are mostly from Asia. Historically, that’s how it’s been, but this time it’s the opposite. The largest buyers and subscribers are actually from the United States. In fact, the largest group of buyers, particularly for the 10-year bonds, 52% of the subscribers for our bonds, are from the United States, 52%,” he said.
Following the official signing on June 11, the proceeds from this issuance are scheduled to be deposited into Danantara’s account on June 18, 2026. Rosan believes this strong investor confidence stems from Indonesia’s solid economic fundamentals. Additionally, the 36 to 40 percent correction in the domestic stock market over the past few months has actually created an opportunity for global investors to enter the Indonesian market due to attractive valuations.
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