COUNTRIES and companies in the developing world are rushing to sell bonds at the fastest clip in at least a decade, taking advantage of high appetite for emerging market (EM) assets to issue debt amid what investors say could be sharper swings ahead in global debt markets.
Last week’s more than US$27bil bond deluge included deals from Saudi Arabia, Turkey’s sovereign wealth fund and Brazilian oil giant Petrobras.
Already a subscriber? Log in
Get 20% OFF The Star Digital Access
Cancel anytime. Ad-free. Unlimited access with perks.
