Panama secondary performance encourages EM bonds with MDBs set to power up

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Panama secondary performance encourages EM bonds with MDBs set to power up

Oliver West
March 30, 2020 06:45 AM
Kristalina Georgieva, David Malpass, World Bank, IMF, multilateral, development banks, Washington, LatAm
(200304) -- WASHINGTON, March 4, 2020 (Xinhua) -- International Monetary Fund (IMF) Managing Director Kristalina Georgieva (L) and World Bank President David Malpass attend a press conference in Washington D.C., the United States, on March 4, 2020. The policy-setting body of the International Monetary Fund (IMF) on Wednesday pledged to provide necessary support to mitigate the economic and financial impact from the ongoing COVID-19 epidemic. (Xinhua/Liu Jie) | Liu Jie/Xinhua News Agency/PA Images

Emerging markets face at least $2.5tr of financing needs and do not possess the resources to fund themselves, said the IMF on Friday. But with bond markets continuing to improve and multilateral development banks increasing their firepower, prospects for EM funding are at least looking more promising than a week ago.

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Oliver West
US Bureau Chief - Latin America Editor
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