Indonesia hails China’s backing for panda bond amid investor concerns over rules (opens original article in a new tab)

Indonesia's Finance Minister secured Chinese backing for its yuan-denominated bond, despite investor concerns over fiscal and regulatory issues.

• Indonesia's Finance Minister secured a multibillion-dollar funding commitment from China for its yuan-denominated bond.
• Chinese investors expressed concerns about Indonesia's fiscal situation and regulatory environment but indicated they would likely purchase the panda bond.
• A letter from the China Chamber of Commerce in Indonesia highlighted issues with regulations and corruption affecting investor confidence.