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Author: | Duyn, A. van |
Title: | Good things in small packages |
Journal: | Euromoney
1994 : APR, p. 40-43 |
Index terms: | BOOKKEEPING FINANCE MARKETS |
Language: | eng |
Abstract: | Investors are increasingly interested in emerging market fixed-income instruments. They are mostly buying Brady-backed sovereign debt and Eurobonds, although domestic currency debt is attracting foreigners in search of higher yields. Aline van Duyn surveys the markets. Emerging markets still account for only a tiny proportion of the world's bond issuance. Many of the emerging debt markets are expanding, however, as governments attempt to finance budget deficits. |
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