PT Pelabuhan Indonesia I (Pelindo) is currently offering IDR1trn bonds consisting of four series; Series A (3y priced at indicative 8.25%-9%); Series B (5y; coupon 9-9.5%); Series C (7y; coupon 9.25%-10%); and Series D (10y; coupon 9.5%-10.25%). Current bond offering is the IDR bonds issued by Pelindo I. As the company engage in infrastructure sector, the appetite for the bonds seems high as OJK would include SOEs infra bonds into Non bank financial institution regulation regard minimum investment. Around 54% of the proceeds (IDR544.7bn) for the development of port infrastructure facilities while the rest 42% (IDR426.76billion) will be used for equipment procurement.