Indonesian state-owned builder PT Waskita Karya was unable to repay 722 billion rupiah ($40 million) of bonds that fell due on Thursday, prompting a claim under an Indonesian government guarantee program that could test the country’s pandemic-era mechanism.
Source: [Bloomberg Markets](https://www.bloomberg.com/news/articles/2026-09-24/waskita-s-missed-bond-payment-puts-indonesia-guarantee-to-test)