EM unleashes primary supply as equity, oil woes no match for yield appetite
by Mariam Meskin,
September 10, 2020 11:30 PM
Emerging markets issuers flocked to bond markets this week with impressive results, despite severe weaknesses in equity and oil markets. A 20bp negative concession for Brazil’s Suzano on Thursday, on the first sustainability-linked bond ever from an EM issuer, wrapped a hectic week as investors dived into the higher yielding asset classes. Mariam Meskin and Oliver West report.
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