Investor Confidence Drives Oversubscription of Danantara Global Bonds

RRI.CO.ID, Jakarta - Strong investor appetite has propelled Danantara Indonesia’s global bond issuance far beyond initial expectations, underscoring continued confidence in Indonesia’s economic prospects despite recent market pressures.

Minister of Investment and Downstreaming, who also serves as CEO of BPI Danantara Indonesia, Rosan Perkasa Roeslani, revealed that the offering attracted demand worth USD 4.6 billion (IDR 81.5 trillion)--more than four times the original target of USD 1 billion.

The positive response followed a series of international roadshows in Hong Kong, Singapore, the United Kingdom, and the United States. “After presenting Danantara’s investment policies abroad, the feedback was overwhelmingly positive,” Rosan said during a press conference at the Presidential Office in Jakarta on Monday, June 15, 2026.

Given the oversubscription, Danantara raised the issuance size to USD 1.5 billion, split into five- and ten-year tenors. Rosan acknowledged that some had questioned the timing, as Indonesia’s capital markets and the rupiah were under pressure. Yet, he argued that the strong demand demonstrated tangible investor trust.

“This is real. We signed on June 11, and by June 18 the funds will be in Danantara’s account,” he stressed.

Rosan also rejected claims that foreign investors were retreating from Indonesia, pointing to the robust demand and relatively low yields achieved. He emphasized that the success of the global bond issuance sends a positive signal for Danantara’s broader fundraising efforts, with proceeds earmarked for strategic national investments. (Diva Rifdah)