New Bank Indonesia Regulation Provides Further Guidance on Payment Systems Regime
30 Aug 2022
The central bank, Bank Indonesia (“BI”), has issued an implementing regulation to follow up on its recent series of regulations focused on payment systems (BI Regulation No. 22/23/PBI/2020 / “PBI 22/23”[1], BI Regulation No. 23/6/PBI/2021 / “PBI 23/6”[2] and BI Regulation No. 23/7/PBI/2021 / “PBI 23/7”[3] -- for a detailed analysis of these regulations,…
KAI’s Rp 2 Trillion Islamic and Conventional Bonds Issue Listed on IDX
11 Aug 2022
ABNR would like to congratulate Indonesian state railways PT Kereta Api Indonesia (Persero) (KAI) on their recent issuance of IDR 2 trillion (USD 136 million) in conventional and Islamic bonds. The bonds were listed on the Indonesia Stock Exchange on 8 August. Proceeds from the bonds in the amount of IDR 1 trillion will be used to repay debt principal arising from KAI Bonds I Year 2017…