Corporate bond issuance in emerging market currencies has surged to record levels this year, deepening the local sources of capital for companies.
Groups have tapped increasing demand for local currency bonds not only from foreign investors but also a growing number of domestic funds seeking exposure to corporate debt.
This has lowered the cost of borrowing and reduced the risk for companies that foreign fund managers might stop buying their debt in times of crisis.
您已閱讀28%（468字），剩余72%（1230字）包含更多重要信息，訂閱以繼續探索完整內容，并享受更多專屬服務。