Jakarta, Aug. 26 -- 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 initiat...