danareksa

And the sovereign takes advantage of it to push down on the new issue premium.

The Republic tops and tails 2015 with split 10 and 30-year dollar bonds, which show just what a difference a year can make to investor sentiment.

Sovereign makes its second foray into euros to extend its maturity curve and diversify investor base.

Flotation of gold mining assets cancelled in the face of weak sentiment for commodity plays.

The Indonesian conglomerate hopes gold prices have bottomed as it launches an IPO of its domestic gold mining assets.

The deal is upsized by more than 50% despite being offered at a zero percent discount. A tight allocation supports the stock in the aftermarket.

Investor education starts for the IPO of state-owned airline Garuda Indonesia, which could fetch about $500 million, while Bank Mandiri kicks off the domestic roadshow for its rights issue of up to $1.6 billion.

The upsize option is utilised in full as investors endorse the company's transformation into Indonesia's second largest coal mining contractor, but the price is fixed towards the bottom of the range.

The existing controlling shareholder looks to trim his stake to 5% as Delta Dunia moves ahead with the Buma acquisition that will transform it into a coal mining contractor under the control of private equity firm Northstar.