Indonesia raises US$3bil in U.S. dollar bonds

SYDNEY/JAKARTA: Indonesia has raised $3 billion in a U.S. dollar bond issuance, its first for the year in a transaction that drew in a total of $14.4 billion worth of orders, the government said on Thursday.

The Southeast Asian government issued the bonds in five-, 10- and 30-year tranches which raised $1 billion, $1.25 billion and $750 million respectively, the term sheet showed.