Trade Plan: Seize opportunities in Indonesian and Philippine sovereign bonds 

If you are looking for opportunities in sovereign bonds, you can say “Terimah kasi” and “Maraming salamat”.

That is because of the recent announcement of the dual-tranche bond issuance of Indonesia, Southeast Asia’s largest economy, which is set to issue new US dollar-denominated bonds in 10-year and 30-year tenors. This move comes after a similar issuance by the Republic of the Philippines (ROP) last week.

But why should you, a high-net-worth investor, care about these bonds?

The Indonesian bonds (INDONs) offer a potentially attractive yield where finding meaningful returns can already be challenging as markets anticipate lower interest rates. The initial price guidance for the 10-year bond is 5.150%, while the 30-year bond is around 5.500%. However, our analysts expect these yields to po