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 deals, setting the stage for one of the busiest periods since 2013 after a bumper April.
Borrowers may rush into the market for a final opportunity to raise money at historically low costs before the Federal Reserve increases interest rates and Americans vote in a divisive presidential campaign, potentially stoking volatility and undermining investor confidence.
But the greater lure is the abundance of cash: money managers...
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