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Search for yield sparks surge in emerging market bonds
Published Mon, May 20, 2019 · 09:50 PM
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London
GLOBAL investors have swept risk fears aside and have poured money into emerging market bonds.
Global rating agency Moody's estimates that between 2010 and the first quarter of 2019, emerging market (EM) municipalities, other "sub-sovereigns", corporations, financial institutions, infrastructure and project finance entities issued Eurobonds worth some US$3.8 trillion.
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