Investor Presentaiton
REPUBLIC OF INDONESIA SAMURAI BOND JPY 81.0bn
Summary of Terms & Conditions
Issuer
Expected. Bond Rating
Format
Pricing Date
Settlement Date
Deal Size
Series
Tenor
Coupon
Tranche Size
Re-offer Spread over TONA Yen Mid Swap
Joint Lead Arrangers
Others
International
16%
5%
Shirkires,
etc. Regional
3yr
Life Ins.
10%
5%
20%
Certal
63%
Regional
Republic of Indonesia
Baa2 Moody's BBB S&P / BBB Fitch
Samurai
June 2, 2022
June 9, 2022
JPY 81.0bn
RIJPY0625 RIJPY0627
3-year
0.96%
5-year
1.13%
JPY 68.2bn
JPY 5.1bn
RIJPY0629
7-year
1.27%
JPY 1.7bn
YMS+90
YMS+100
YMS+105
5yr
Prop. Ins
RIJPY0632
10-year
1.45%
JPY 6.0bn
YMS+110
Daiwa/Mizuho/Nomura/Morgan Stanley
Investor Breakdown by Amount
7yr
International
12%
Transaction Highlight
•
•
The largest Samurai bond transaction issued in
2022 so far. This deal represents Rol's eighth
consecutive year accessing the Samurai market
with benchmark sized transaction since 2015
With the global market volatility being high on
the back of tightening monetary policies and
heighted geopolitical risk, Rol took the strategy
to swiftly access to the market by shortening the
marketing period
Even with the shortened 2-day official marketing
period compared to previous issuance, Japanese
investors were ready to invest in Rol Samurai and
giving order from early stage of the marketing.
Orderbook grew solidly during the marketing; the
final order book exceeding the issuance size
10yr
Total
Life: Ire
9%
Prop. Ins.
International
17%
0.2%
City
AK
15
AM
22%
International
43%
Central
21k
Shinkins, etc.
Regional
33%
РК
11%
Pub. Funds
AM
(central)
.3%
Central
Cooperative
15%
20%
Source: Ministry of Finance
Others
Regional
BB%
Others
99%
Others
17
Regional
17%
Others
9%%
City BVK
12%
Regional
Central
Shinns, etc. 22%
4%
Central
6.1%
13%
Regional
AM
20%
BIK
AM
9%
83%
Pub. Funds
(central)
3%
Centre
Cooperative
12%
87View entire presentation