Economy · World

Indonesia Expects S&P Affirmation to Stabilize Bond Market

1 sourceFirst reported 8 days agoUpdated 8 days ago

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Indonesia anticipates that S&P Global Ratings' affirmation of its sovereign credit profile will aid in stabilizing the domestic bond market.
This assessment comes in the wake of a selloff in the bond market that occurred in June.
A senior finance ministry official conveyed these expectations regarding the impact of the ratings affirmation.

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AI summary: catch up in 20 seconds

Indonesia anticipates that S&P Global Ratings' affirmation of its sovereign credit profile will aid in stabilizing the domestic bond market.
This assessment comes in the wake of a selloff in the bond market that occurred in June.
A senior finance ministry official conveyed these expectations regarding the impact of the ratings affirmation.

Generated by AI from the 1 sources below · always verify with the originals