Emerging countries exploit “ hot ” markets during year-end borrowing wave – Financial Times

Emerging countries exploit “ hot ” markets during year-end borrowing wave – Financial Times

Emerging market governments are entering bond markets at the end of the year, in an attempt to capitalize on investors’ frenzied appetite for riskier debt. Montenegro became the last rotten listed borrower to sell new debt on Wednesday, receiving more than € 2 billion in orders for a seven-year bond. The deal follows the oversubscribed […]
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