OREANDA-NEWS. Fitch Ratings has assigned Indonesia's forthcoming US dollar-denominated bonds, issued under the republic's global medium-term note programme, an expected rating of 'BBB-(EXP)'.

KEY RATING DRIVERS
The expected rating is in line with Indonesia's Long-Term Foreign-Currency Issuer Default Rating (IDR) of 'BBB-' with Stable Outlook.

RATING SENSITIVITIES
The rating would be sensitive to any changes in Indonesia's Long-Term Foreign-Currency IDR. In November 2015, Fitch affirmed Indonesia's Long-Term Foreign-Currency IDR at 'BBB-' with a Stable Outlook. The Long-Term Local-Currency IDR is also 'BBB-' with Stable Outlook.