Borrowers Report 2017
Public sector bond market participants are having to wrap their heads around about as much regulation as those in other sectors. For some, the unique aspects of public sector issuance means there will probably be fewer headaches than elsewhere in the primary capital markets — although problems could still arise if volatility replaces the sanguine funding conditions issuers have enjoyed this year. By Craig McGlashan.
President Erdogan’s consolidation of power in April has translated into the stronger economic growth that he and his followers had hoped for. But questions about its sustainability are growing louder and they are feeding into an undercurrent of distrust among international investors. Virginia Furness reports.
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