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Emerging bond markets : no longer the next frontier (anglais)

Today, investors can easily buy bonds issued in a variety of emerging market (EM) currencies and choose from a broad selection of issuers. Over the last three years, for example, investors could buy World Bank bonds denominated in some 20 different EM currencies. More investors are buying local currency government bonds as well. Even retail investors in some countries have embraced the variety of EM currencies offered – although the ‘flavour of the...
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