Post Reply
1-2 of 2
GOOD........subjected the bond issuance all denominated in their own currency but not USD!!!
smartrader ( Date: 27-Jul-2009 21:59) Posted:
|
By David Oakley
Published: July 26 2009 20:09 | Last updated: July 26 2009 20:09
Emerging market bond issuance has risen to record levels as investors hungry for greater risk switch to the securities because of attractive yields.
The surge in issuance this year, to its highest since records began in 1962, is an encouraging sign for the world economy as activity in emerging market bonds had seized up until a few months ago.