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Cash-on-tap means Super Sept for EM bond sales

Wednesday, August 31, 2016 - 05:50
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As the world's central banks took their cue from Federal Reserve Chair Janet Yellen's dovish policies, EM sovereign dollar bonds handed investors 15% this year, and local-currency notes gave 7%.

London

THERE'S a 10-week window that emerging-market borrowers don't want to miss.

Between September and the US elections in early November, bond issuers from Saudi Arabia to Russia and Brazil to Papua New Guinea are poised to hit the market with tens of billions of dollars in new