Published on September 24, 2025, by Bisnis Indonesia
By Dionisio Damara Tonce
Danantara Indonesia received AAA rating from Fitch as it set to issue the Rp50 trillion Patriot Bond to support the economy. This will be the first step of a strategic financing.
Bisnis.com, JAKARTA — The investment holding arm of Danantara Indonesia, PT Danantara Investment Management received AAA (idn) rating from Fitch Ratings Indonesia, which supported the issuance of Patriot Bonds worth Rp50 trillion.
Referring to an official document, this achievement marks the first validation for Danantara, which has only been operating for less than a year. Despite lacking an investment track record, the company is preparing for a major debut in the domestic bond market.
Danantara management said the AAA rating is not the finish line, but rather the beginning of a journey. Fitch Ratings believes the rating reflects the company’s governance, strategy, and reputation, which are the company’s primary assets.
“For us, AAA is not a trophy. It is a starting point to demonstrate discipline, consistency, and commitment to investors,” Danantara Indonesia’s management said in an official report published on Tuesday (23/9).
Fitch Ratings Indonesia conducted the assessment process by reviewing Danantara’s strategy, business projections, and internal policies. The highest rating also demonstrates the agency’s confidence in the feasibility of the company’s plans.
Still, the rating is not permanent. Another assessment will be conducted annually to ensure the firm’s execution matches its strategy.
In Fitch’s rating, the AAA (idn) category occupies the highest rating level in Indonesia. It is followed by AA (idn), A (idn), and BBB (idn) for medium quality, while BB (idn) to D (idn) indicate speculative or default.
Danantara said the planned Patriot Bond issuance is part of a long-term funding strategy to support the economy.
Danantara Chief Investment Officer Pandu Sjahrir said that each financing initiative is aimed at supporting long-term economic transformation and strengthening the role of the business sector in national development.
“Patriot Bonds are a strategic financing instrument commonly used in various countries, such as Japan and the United States, to strengthen national financial independence,” he said in a statement on Tuesday (26/8).
Through this instrument, the country obtains a stable source of medium- to long-term funding. On the other hand, businesses also have an access to a safe investment instrument that is beneficial for the national economy.
Pandu explained that voluntary participation and shared responsibility are the basic principles of Patriot Bonds. This scheme opens up space for national business groups to contribute to the intergenerational development agenda.