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Home>Emerging market bond issuance hits highest on record in September

Emerging market bond issuance hits highest on record in September

Emerging market bond issuance hits highest on record in September

10/04/2017

Issuance of dollar-denominated emerging-market bonds posted a record in September, tallying $72.7 billion in the month, according to CreditSights. The lion's share of that record monthly issuance was driven by less creditworthy countries like Turkey and Russia, which issued $3.9 billion. Ukraine also raised $3 billion, its first bond sale since its debt was restructured. Emerging market debt has attracted strong appetite from investors searching for richer-yielding assets amid ultralow and below-zero bonds in markets like Germany and Japan.

-Sunny Oh; 415-439-6400; AskNewswires@dowjones.com

 

(END) Dow Jones Newswires

10-03-17 1645ET

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