April 25, 2025

CGIF Reinforces Commitment to Mobilize Domestic Investments in Indonesia with Completion of HRTA’s Tranche 2 Bond Issuance 

Manila, 25 April 2025 – Credit Guarantee and Investment Facility (CGIF), a trust fund of the Asian Development Bank, proudly announces the successful completion of the Second Tranche under PT Hartadinata Abadi Tbk’s IDR 1.0 trillion bond program. This milestone builds on the strong momentum of the First Tranche issued in November 2024, which was nearly twice oversubscribed—reflecting robust investor confidence in the CGIF-HRTA partnership.

The Second Tranche, totaling IDR 100 billion (~USD 5.93 million), was issued on 24 April 2025 and officially listed today on the Indonesia Stock Exchange (IDX).

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