Fitch Affirms Indonesia at 'BBB-'; Outlook Stable

(The following statement was released by the rating agency)

HONG KONG, May 23 (Fitch) Fitch Ratings has affirmed Indonesia's

Long-Term

Foreign- and Local Currency Issuer Default Ratings (IDRs) at

'BBB-'. The issue

ratings on Indonesia's senior unsecured foreign- and

local-currency bonds are

also affirmed at 'BBB-'. The Outlooks on the Long-Term IDRs are

Stable. The

Country Ceiling is affirmed at 'BBB' and the Short-Term

Foreign-Currency IDR at

'F3'.

KEY RATING DRIVERS

Indonesia's ratings b

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