(Bloomberg) -- Indonesian President Susilo Bambang
Yudhoyono's success in taming inflation has persuaded more than
100 foreign investors to double their holdings of the nation's
bonds.
Overseas investors including Pacific Investment Management
Co. and Prudential Investment Management raised their share of
the 442.1 trillion rupiah ($50 billion) of government debt
outstanding to 17.7 percent in May from 8 percent at the start of
last year, according to the Ministry of Finance in Jakarta.
Read more at Bloomberg Bonds News
Yudhoyono's success in taming inflation has persuaded more than
100 foreign investors to double their holdings of the nation's
bonds.
Overseas investors including Pacific Investment Management
Co. and Prudential Investment Management raised their share of
the 442.1 trillion rupiah ($50 billion) of government debt
outstanding to 17.7 percent in May from 8 percent at the start of
last year, according to the Ministry of Finance in Jakarta.
Read more at Bloomberg Bonds News
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