Indonesia is offering dollar and euro-denominated bonds on Tuesday as economic pressures mount due to the Iran conflict.
The government is selling five- and 10-year dollar notes along with €1.25 billion in euro bonds, sources say. Indonesia has tapped multiple currency markets this year, including the dollar, euro, yen, and yuan.
The rupiah hit a record low recently, and markets have declined. The government is centralizing commodity exports and buying back bonds to stabilize yields.
Investor concerns focus on President Prabowo Subianto's economic policies and the impact of the Iran war.
