Indonesian Finance Minister Purbaya Yudhi Sadewa met with Chinese Finance Minister Lan Fo’an in Beijing on Wednesday, June 17, 2026, to discuss accelerating the issuance of sovereign Panda Bonds. The bilateral meeting focused on streamlining preparations for the bond offering. Panda Bonds are yuan-denominated bonds sold by foreign entities within China, offering Indonesia a means to raise capital in the Chinese market. This move aims to diversify Indonesia’s funding sources and reduce reliance on US dollar-denominated debt. Details of the specific agreements reached during the meeting were not immediately disclosed. The Indonesian government views the Panda Bond issuance as a key component of its financial strategy. Further announcements regarding the timeline and details of the bond offering are expected in the coming weeks.