(The following statement was released by the rating agency) HONG KONG, July 02 (Fitch) Fitch Ratings has assigned Indonesia’s forthcoming Euro denominated bonds, issued under the Republic’s Global Medium Term Notes Programme, an expected rating of ‘BBB (EXP)’. The expected rating is in line with Indonesia’s Long Term Foreign Currency Issuer Default Rating (IDR) of ‘BBB ‘ with Stable Outlook. The sovereign’s Long Term Local Currency IDR is also ‘BBB ‘ with Stable Outlook.
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