Indonesia’s sovereign wealth fund Danantara has instructed banks to gauge investor appetite for a potential sale of long‑dated dollar bonds. This move follows the fund’s recent completion Watch: *first offshore debt offering* and signals a continued push into the global bond market.

The mandate will involve a series of consultations with leading financial institutions to assess the market’s willingness to absorb additional sovereign debt. Danantara aims to use the data to structure a sale that balances yield expectations with risk appetite.

The initiative underscores the fund’s strategy to diversify its funding sources and manage currency exposure. By tapping into international investors, Danantara seeks to secure more favorable terms than those available domestically.

Market observers note that the timing—just after a successful first deal—may boost confidence among potential buyers and help the fund lock in competitive pricing for its future issuances.