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.
| # | Issuer | ISIN | Coupon | YTW | Price | Maturity | Next Call | Rating | CUR | AMT OUT |
|---|---|---|---|---|---|---|---|---|---|---|
| 1 | EDL-Generation Public Company | …AA97 | 11.125 | 11.258 | 99.4821603 | 2031-08-11 | 2029-08-11 | CCC+ | USD | 300MM |
| 2 | EDL-Generation Public Company | …AA05 | 11.125 | 11.253 | 99.5 | 2031-08-11 | 2029-08-11 | CCC+ | USD | 300MM |
| 3 | Lao Peoples's Democratic Republic | …5234 | 9.625 | 9.909 | 98.8173684 | 2032-04-14 | CCC+ | USD | 500MM | |
| 4 | Pakistan (Islamic Republic of) | …1964 | 8.875 | 9.866 | 90.9 | 2051-04-08 | High Yield 2 | USD | 800MM | |
| 5 | Pakistan (Islamic Republic of) | …AU73 | 8.875 | 9.784 | 43.91 | 2051-04-08 | High Yield 2 | USD | 800MM | |
| 6 | Pakistan (Islamic Republic of) | …6229 | 7.9 | 9.396 | 90.4995 | 2036-09-10 | B | USD | 1.25BN | |
| 7 | Nickel Industries Ltd. | …AD17 | 9 | 9.384 | 98.75 | 2030-09-30 | 2027-09-30 | High Yield 2 | USD | 800MM |
| 8 | Pakistan (Islamic Republic of) | …AL66 | 7.875 | 9.134 | 92.146 | 2036-03-31 | B | USD | 300MM | |
| 9 | Indika Energy Tbk | …AA34 | 8.75 | 9.134 | 99.1480906 | 2029-05-07 | 2026-11-27 | High Yield 1 | USD | 555MM |
| 10 | Pakistan Water & Power Development Authority | …1707 | 7.5 | 8.981 | 94.5071429 | 2031-06-04 | 2031-03-04 | B- | USD | 500MM |
Results are limited to USD bonds with an amount outstanding of at least USD 200MM.