Pandemic-Stoked Bond Sales Set New Bar for Emerging Markets
Pandemic-Stoked Bond Sales Set New Bar for Emerging Markets Bloomberg 12/30/2020 Sydney Maki (Bloomberg) -- Emerging-market hard-currency bond sales are heading for another big year in 2021 as governments and companies try to revive growth, though it will probably fall short of this year’s pandemic-stoked record. Governments will borrow heavily for a second year to fund health-care and poverty relief measures, while pushing the investment needed to reflate their economies. Companies will borrow to cash in on that renewed growth, with loose monetary policy providing the liq...
Source: msn.com