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Growing worries about inflation and interest rate rises not putting investors off EM debt, yet
AfDB hopes to launch multi-issuer securitization this year
Turkey's central bank increased inflation forecasts on Thursday due to rising energy prices
Data
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New issue concessions high as EM bonds struggle
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State-owned borrower seals deal at tight spread, thanks to bookrunner support
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Kristalina Georgieva has survived as the IMF’s managing director but some believe she is now a compromised figure with her credibility damaged
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The world economy is recovering strongly from the pandemic, but low and middle income countries are being left behind. They are looking to the North for vaccines, leniency on debt and fresh development financing
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A rocketing gas price is bad news for Turkey, a big energy importer, which already has concerns around higher US rates and a strengthening dollar
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Bond prices stay at distressed levels as concerns over transparency and governance suggest vital IMF programme is distant
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