Business Maverick: Emerging Market Debt Sales Plunge Amid Ukraine War, Rising Rates

Developing-nation governments and companies raised $30.6 billion of bonds in dollars or euros in April, a 48% decline from the same month a year ago, according to data compiled by Bloomberg. Issuance for the period dropped to its lowest level since 2012.

Faced with the impact on sentiment of the intensifying conflict in Ukraine and central banks turning more hawkish as they try to bring inflation to heel, developing-market borrowers have become more skittish. The average yield on dollar debt exceeded 6.3% on May 2 to hit the highest level in two years, making borrowing prohibitively expensive for junk-rated issuers from emerging markets. During the month, Istanbul’s municipal administration borrowed at a coupon rate of 10.

Portugal Últimas Notícias, Portugal Manchetes

Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.

War in Ukraine is proving quite good for business for world’s top commodities | CitypressSince Russia’s February invasion of Ukraine, commodity markets have been thrown into disarray. That has boosted prices and cut off supply, creating a harrowing environment for consumers of raw materials, but the perfect conditions for trading houses I'm really grateful for all the efforts you have render to me with my little investment of R10,000 and with joy over me after withdrawing R100,000 with your help Williamchurch07 thank you for everything you have done for me and my family Williamchurch07 I was scammed through Bitcoin couple of months ago, I started hating Bitcoin until I was introduced to __ambreymarcus1, and I gave Bitcoin trading another try, I successfully withdrew $35,000 after two weeks of trading, am so grateful __ambreymarcus1 thank you.
Fonte: City_Press - 🏆 7. / 72 Consulte Mais informação »

Market data — May 2 2022Market data including bonds and forward rates I'm really grateful for all the efforts you have render to me with my little investment of R10,000 and with joy over me after withdrawing R100,000 with your help Williamchurch07 thank you for everything you have done for me and my family Williamchurch07
Fonte: BDliveSA - 🏆 12. / 63 Consulte Mais informação »