Indonesia's Investment Management Agency Daya Anagata Nusantara (Danantara) is reportedly set to issue a second round of patriotic bonds, or patriot bonds, in the first half of 2026. The plan aims to raise up to Rp20 trillion to fuel domestic and foreign investments, though Danantara has not yet confirmed the reports.
The Investment Management Agency Daya Anagata Nusantara, known as Danantara, is rumored to launch the second issuance of patriotic bonds, or patriot bonds. According to reports, the bonds are slated for the first half of 2026, aiming to collect $1.2 billion, equivalent to Rp20 trillion. These funds will accelerate investments both domestically and abroad.
Fadli Rahman, Lead of Waste-to-Energy at Danantara Investment Management, said he could not comment on the plan. "(Regarding) patriot bond, I cannot answer; it should be the finance people," he stated after a press conference at the CSIS Indonesia Auditorium in Jakarta on Wednesday (January 21, 2026). He advised consulting the finance team.
This round targets palm oil sector entrepreneurs and other businesses that did not participate in the first issuance last year. The initial patriot bond raised Rp51.57 trillion from dozens of business tycoons. Previously, Danantara's Chief Investment Officer, Pandu Sjahrir, described the bonds as a tool to strengthen collaboration between the government and private sector.
"Danantara Indonesia is committed to executing its mandate as the state investment manager with full prudence, transparency, and good governance," Pandu said. He noted that such instruments are common in countries like Japan and the United States to bolster national financial independence. Through these bonds, the state secures stable medium- to long-term funding, while businesses gain access to safe investments that benefit the national economy.
The initiative aligns with Danantara's efforts to support long-term economic transformation and the private sector's role in national development.
