Indonesia plans to issue so-called Panda Bonds in China as part of efforts to stabilize the rupiah by diversifying its international financing sources, Finance Minister Purbaya Yudhi Sadewa said. “To strengthen the exchange rate, we will also issue Panda Bonds in China, which offer lower interest rates, so that we are not overly reliant on the US dollar. With this, our financing diversification will improve in the future,” Purbaya said, as quoted by Antara News Agency on Wednesday, May 6, 2026. [...]