London Stock Exchange today welcomes the listing of the world’s first Indonesian offshore rupiah-denominated bond – a Komodo bond - issued by an Indonesian State Owned Enterprise to its new International Securities Market. The landmark bond issuance from Jasa Marga, state-owned Indonesian toll road operator, was close to four times over subscribed. The listing paves the way, through London, for the opening of the global Komodo bond market to support Indonesian company and infrastructure financing.
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