Monday, July 9, 2007

Global local currency emerging bonds on the rise - BIS

(Reuters) - International bonds issued in emerging market currencies are increasingly popular with investors, with volumes up fivefold in the past six years, the Bank for International Settlements (BIS) said on Monday.

Global bonds are debt securities issued simultaneously in the international and domestic markets, in a variety of currencies, and settled through various cross border systems.


Read more at Reuters Africa

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