Top bond sellers say emerging issuers will brush off Fed in 2017


LONDON: Sales of hard-currency bonds by emerging-market issuers next year may outpace 2016 as strengthening commodity prices and companies refinancing maturing debt offset the drag from rising borrowing costs.

That’s the view from Citigroup Inc, the bank that topped a league table compiled by Bloomberg for selling the most new developing-country debt this year.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , bond

Next In Business News

Trading ideas: Sunway, IJM, TM, Lianson Fleet, HE, Vantris, IGB, Favelle Favco, AnwaBiru, Rexit, Melati Ehsan
S&P 500, Dow hit closing record highs; Walmart, tech climb
Infrastructure rollout to bolster construction stocks
Financial scams surge ahead of Tet
Genting Malaysia’s earnings to grow with New York expansion
SD Guthrie’s push into industrial land bodes well
China’s booming cycling economy fuelling sports-related spending
Labour market to stay firm with hiring drive
Record order wins� bolster Solarvest outlook
Stable year ahead for insurance companies

Others Also Read