Danantara to launch Patriot Bonds to back national development

Jakarta (ANTARA) - Danantara, Indonesia’s sovereign wealth fund, is preparing to issue Patriot Bonds, a financing instrument designed to strengthen collaboration between the government and the private sector in support of the country’s long-term development agenda.

The initiative is expected to provide national business groups with an opportunity to demonstrate their commitment to Indonesia by contributing directly to development efforts.

“Danantara Indonesia is committed to fulfilling its mandate as the country’s sovereign investment manager with prudence, transparency, and sound governance,” said Pandu Sjahrir, Chief Investment Officer of Danantara Indonesia, in a statement here on Tuesday.

He emphasized that every financing initiative is directed at supporting long-term economic transformation and enhancing the role of the private sector in national development.

The Patriot Bond is modeled after similar strategic financing tools used in countries such as Japan and the United States to strengthen financial independence.

Through this instrument, the government secures access to stable medium- and long-term funding, while businesses gain a secure investment option that contributes to national economic growth.

Sjahrir explained that the Patriot Bond is based on voluntary participation and shared responsibility.

In line with Indonesia’s cultural value of gotong royong (collective cooperation), the program encourages business entities to play an active role in sustainable, intergenerational development while ensuring broader social welfare.

He noted that the Patriot Bond could mark a milestone in Indonesia’s journey toward 2045, when national strength will be measured not only by GDP but also by the welfare of its people.

“This is a call for collective action from the Indonesian business community as an appeal to exchange part of their short-term gains for a long-term legacy of independence, sustainability, and national prosperity,” Sjahrir said.