Reported 8 months ago
Developing countries are actively participating in the bond market, with several governments issuing debt in what is expected to be one of the busiest days for such sales in 2024 as they capitalize on lower yields. Notable sales include the Dominican Republic's multi-tranche US dollar bond deal, the United Arab Emirates' $1.5 billion bond sale, and issuance from Indonesia and South Korea. The trend reflects a broader increase in debt sales this year, with emerging-market issuers looking to take advantage of favorable borrowing conditions and market sentiments.
Source: YAHOO