Indonesia’s new sovereign investment vehicle, BPI Danantara, has officially launched the Patriot Bond, targeting an extraordinary 50 trillion rupiah (US$2.8 billion) in fundraising. The special debt instrument consists of two tranches worth 25 trillion rupiah each: Series A with a five-year maturity and Series B with a seven-year maturity. The proceeds are expected to finance […]The post The hidden amnesty in Indonesia’s cut-rate Patriot Bonds appeared first on Asia Times.