Indonesia is targeting the issuance of yuan-denominated sovereign bonds, known as Panda Bonds, in June 2026 as part of its strategy to diversify State Budget financing sources.
During a press conference in Jakarta on Friday, Finance Minister Purbaya Yudhi Sadewa said that he would travel to China on June 16 to promote the planned bond issuance to investors.
He said he had received a report from the Finance Ministry’s director general of financing and risk management regarding preparations for the issuance.
The Panda Bond issuance is expected to serve as one of the government’s financing diversification strategies, ensuring that the State Budget does not rely excessively on any single source of funding.
According to him, the roadshow is part of the government’s effort to expand its investor base and diversify financing sources through debt securities.
