JAKARTA - PT Bank Mandiri (Persero) Tbk. (BMRI) recorded positive performance in the international financial market through the issuance of a global debt instrument worth 750 million US dollars with a 5-year tenor and a coupon rate of 5.25 percent on March 31, 2026.
This issuance also recorded an oversubscription of 3.3 times, which reflects the high interest of international investors in Bank Mandiri.
Bank Mandiri Treasury & International Banking Director Ari Rizaldi said this issuance was significant because Bank Mandiri was the first issuer from Southeast Asia to re-access the international bond market after the increasing geopolitical tensions in the Middle East at the end of February 2026.
"This achievement also reflects the integrated synergy in strengthening global funding access and maintaining the flexibility of the company's funding structure," he said in a statement, Thursday, April 2.
He conveyed that in the midst of a market condition that had been depressed due to weakness in the US trading session, Bank Mandiri applied a prudent approach by waiting for a more conducive momentum at the opening of the Asian market.
In addition, Ari said, Bank Mandiri implemented an intraday execution strategy to limit exposure to market risks while optimizing the positive momentum that emerged.
"This strategy has proven effective in maintaining the stability of transaction execution and obtaining a good response from global investors, supported by Bank Mandiri's track record as an active issuer in the international market and strong relationships with the investor base, in line with efforts to strengthen the company's sustainability advantage," he explained.
Ari said the high investor interest reflected global confidence in Bank Mandiri's fundamentals and financial performance.
According to him, this step also confirms the solid business foundation of this bank with the BMRI issuer code, to encourage acceleration that grows in the midst of global market dynamics.
"The results of this transaction show that international investors still have confidence in Indonesia's fundamentals and Bank Mandiri amid challenging global macroeconomic conditions and geopolitical dynamics. The funds obtained will be used for general corporate purposes to support business growth," he said.
The debt securities received BBB ratings from S&P Global Ratings and Fitch Ratings, and are listed on the Singapore Exchange.
In addition, the high investor confidence is reflected in the diversified distribution, with allocations to fund managers and asset managers (85 percent), banking (8 percent), government institutions and sovereign wealth funds (3 percent), insurance companies (3 percent), and private banks (1 percent).
Meanwhile, based on region, investors come from Asia (69 percent), Europe, Middle East and Africa/EMEA (26 percent), and offshore investors from the United States (5 percent).
Ari said that the diversification of investors confirms Bank Mandiri's sustainable advantage in maintaining international market confidence through strong fundamentals and disciplined funding strategies.
For information, this transaction is supported by DBS Bank Ltd., HSBC, J.P. Morgan, Mandiri Sekuritas, and Standard Chartered Bank acting as Joint Bookrunners and Joint Lead Managers.
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