Sunday 20 July 2014

Emerging market debt issuance hits record high - FT.com

Emerging market debt issuance hits record high - FT.com:



"Emerging and frontier market countries have borrowed a record amount of money in capital markets in the first half of this year, even as central bankers warn that “debt market euphoria” could be storing up trouble for the future.



International sovereign bond sales by emerging markets reached $69.47bn in the first six months of the year, a jump of 54 per cent on the same period in 2013.



The increase makes 2014 a record year for emerging market government debt issuance so far, according to data from Thomson Reuters. The figures do not include Chinese government debt, which is not issued in international markets."



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