November 27, 2024

CGIF Continues Its Commitment to the Development of Indonesia’s Bond Markets with PT Hartadinata Abadi Tbk’s Guaranteed IDR Bond Issuance

Manila, 27 November 2024 – The Credit Guarantee and Investment Facility, a trust fund of the Asian Development Bank (“CGIF”) is pleased to announce its support for the guaranteed bond (“Bond”) issued by PT Hartadinata Abadi Tbk (“HRTA”) amounting to IDR 900 billion issued on 26 November 2024. Listed in Indonesia Stock Exchange (IDX) today, the publicly offered bond marks CGIF’s continued efforts to diversify issuer base and encourage greater investors participation, fostering growth in the development of Indonesia’s IDR bond markets.

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