Reported 12 months ago
After a record-breaking first half with $321 billion in emerging market bond sales, the pace is expected to decelerate due to political risks in the second half of the year. Borrowers rushed to meet funding needs at the beginning of 2024, leading to a surge in issuance. However, ongoing political turmoil and upcoming elections could result in global volatility that may limit future bond sales. Despite the slowdown in sales, reduced issuance could support bond prices and keep debt sustainability in check.
Source: YAHOO