EM issuance booms but Q4 obstacles abound

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By Ross Lancaster
10 Aug 2020

CEEMEA emerging market bond issuance is in an extraordinary position with the highest year-to-date volumes in three years. But with the months to come holding a wide range of risks, the chance of 2020 beating 2008’s record is a slim one.

Year-to-date issuance for CEEMEA stands at $231.2bn as the market heads into the August lull. That is its highest level since 2017’s $249.3bn, and not far off the $268.9bn issued by this stage in 2013, when the market went on to a post-2008 record of $420.6bn for the ...

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