Indonesia Says S&P Affirmation to Help Stabilize Bond Market

🌐 Bloomberg (ID) —

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Indonesia anticipates that S&P Global Ratings' affirmation of its sovereign credit rating will help stabilize its domestic bond market following a selloff in June. Officials view this affirmation as a vote of confidence strengthening financial market conditions.

Indonesia expects S&P Global Ratings’ vote of confidence in its sovereign credit profile to help stabilize the domestic bond market after a selloff in June, according to a top finance ministry official.

World Politics Markets Indonesia S&P Global Ratings bond market sovereign credit market stability finance ministry

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