Wednesday 6 April 2016

Thank Fed for Emerging Bond-Sale Bounce as Saudi Debut Nears - Bloomberg

Thank Fed for Emerging Bond-Sale Bounce as Saudi Debut Nears - Bloomberg:

"The dollar’s depreciation is proving a boon for one corner of the world: emerging-market borrowers facing a cash crunch.
As the Federal Reserve and European Central Bank cling to policies to keep borrowing costs low and drive down their currencies, they are engineering a turnaround in bond issuance by developing nations. The $41 billion of sales in March was busier than the 10 preceding months, a stand-out at the end of the worst quarter since 2010, according to data compiled by Bloomberg."



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