DCM bankers pitch EM buy-backs but gain no traction
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Emerging Markets

DCM bankers pitch EM buy-backs but gain no traction

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Some DCM bankers have started pitching bond buybacks to EM issuers after the sharp fall in bond prices, but there has been no uptake yet as despite expected slower growth, borrowers are reluctant to spend money when they have no confidence of regaining market access in the coming months.

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