Emerging market currency plays bring MTN world to life

myanmar 230
By Lewis McLellan
19 Jan 2017

The MTN market is rapidly making up for a sedate start to the year with a flurry of niche currency trades, including the world’s first bond in Myanmar kyats.

The run of emerging market currency plays in MTNs may have jolted the market into life. Ben Powell, International Finance Corporation’s head of funding, said: “With so much going on in the public market, private placements have been quiet but we’re getting more enquiries coming through now, both ...

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