Bank of China (03988.HK)(601988.SH) recently assisted the Indonesian government in successfully pricing two offshore renminbi bonds in Hong Kong, raising a total of 6 billion renminbi (hereinafter the same), marking the Indonesian government's first public offering of dim sum bonds and its debut in the global renminbi bond market.
The bonds were divided into a five-year tranche worth 3.5 billion yuan and a ten-year tranche worth 2.5 billion yuan, with final coupon rates of 2.5% and 2.9%, respectively.
