Indonesia & Frontier Asia HY

High-yield bonds from Indonesia and frontier Asia, highest yield first.

This screen highlights highyielding US dollardenominated debt across Indonesia and frontier Asia, targeting fixedincome investors seeking doubledigit returns in a selective credit universe. Yields at the top of the complex are dominated by Lao utility credits—such as EDLLS 2031 notes trading around an 11.25% yieldtoworst—reflecting heavily discounted valuations tied to sovereignlinked utility risk. Sovereign credits from Pakistan further anchor the upperyield tiers, offering longerduration exposure with yields approaching 10% on instruments like the PKSTAN 2051s at 9.87% YTW. Meanwhile, the Pakistan 2036 maturity curve clusters tightly around a 9.1% to 9.4% YTW, balancing distressed sovereign pricing with attractive absolute income potential for risktolerant portfolios. Indonesian highyield corporate issuers provide regional diversification with stronger fundamental backing, evidenced by the NICAU 2030 basic materials issue at 9.38% YTW and the INDYIJ 2029 energy notes offering a 9.13% yield at nearpar pricing. These credits bridge the gap between speculative frontier sovereigns and more stable regional industrials, offering robust spreads over benchmark rates.

#IssuerISINCouponYTWPriceMaturityNext CallRatingCURAMT OUT
1EDL-Generation Public Company…AA9711.12511.25899.48216032031-08-112029-08-11CCC+USD300MM
2EDL-Generation Public Company…AA0511.12511.25399.52031-08-112029-08-11CCC+USD300MM
3Lao Peoples's Democratic Republic…52349.6259.90998.81736842032-04-14CCC+USD500MM
4Pakistan (Islamic Republic of)…19648.8759.86690.92051-04-08High Yield 2USD800MM
5Pakistan (Islamic Republic of)…AU738.8759.78443.912051-04-08High Yield 2USD800MM
6Pakistan (Islamic Republic of)…62297.99.39690.49952036-09-10BUSD1.25BN
7Nickel Industries Ltd.…AD1799.38498.752030-09-302027-09-30High Yield 2USD800MM
8Pakistan (Islamic Republic of)…AL667.8759.13492.1462036-03-31BUSD300MM
9Indika Energy Tbk…AA348.759.13499.14809062029-05-072026-11-27High Yield 1USD555MM
10Pakistan Water & Power Development Authority…17077.58.98194.50714292031-06-042031-03-04B-USD500MM

Results are limited to USD bonds with an amount outstanding of at least USD 200MM.