Business Standard

Emerging markets' eurobonds sizzle, on track to better last year's show

High-grade issuers are benefitting from robust investor demand, although improvement in financing conditions is losing momentum

Eurobond
Premium

The picture is markedly different for issuers lower down the credit-quality spectrum, where market access remains challenging | Imaging: Ajay Mohanty

Business Standard
Emerging markets’ eurobond volumes are on track to surpass last year’s $590 billion amid unprecedented liquidity conditions for high-rated issuers.
 
High-grade issuers are benefitting from robust investor demand, although improvement in financing conditions is losing momentum. The picture is markedly different for issuers lower down the credit-quality spectrum, where market access remains challenging.


 
Emerging markets’ corporates’ eurobond issuances topped $205 billion in Q1-Q3 2020, equivalent to 64 per cent of overall emerging-market non-sovereign issuance over the same period.


Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Oct 26 2020 | 6:07 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com