Macro Analysis /
Global

EM sovereign bond issuance steadies in November

  • EM hard currency sovereign bond issuance was US$12bn in November, broadly unchanged from the previous month

  • Issuance amounts to US$172bn YTD, although is now unlikely to catch up with last year's total

  • EM financing conditions continue to tighten, as US rate outlook and Covid (now Omicron) weigh on investor sentiment

EM sovereign bond issuance steadies in November
Stuart Culverhouse
Stuart Culverhouse

Head of Sovereign & Fixed Income Research

Tellimer Research
1 December 2021
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