April 30, 2018 / 10:13 AM / 20 days ago

Indonesia reappoints JPMorgan as a primary bond dealer

JAKARTA, April 30 (Reuters) - Indonesia has reappointed JP Morgan Chase Bank as a primary dealer for Indonesian sovereign bonds, the Finance Ministry said in a statement on Monday.

The reappointment will take effect starting May 2.

Indonesia cut some ties with JP Morgan late in 2016 after the bank's research analysts issued a negative report on the country. (reut.rs/2jiFWZS) (Reporting by Maikel Jefriando Writing by Fransiska Nangoy; Editing by Kim Coghill)

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