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Emerging markets face record debt bills
Published Wed, Dec 9, 2015 · 09:50 PM
Singapore
DEVELOPING nations are facing their biggest debt bills yet from international bond markets that funded them in boom times. It's happening just as the cost to refinance overseas creeps higher, with money manager Pioneer Investments seeing no relief in sight.
Companies and governments in developing nations must repay an unprecedented US$262 billion of notes in all currencies outside domestic markets in 2016, mor…
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