Moderate Politics Urges Wave of Emerging Eurobonds: Chart

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(Bloomberg) – Euro-denominated issues of emerging market sovereign bonds rose this month to 7.75 billion euros ($ 9.1 billion), a record for July. Countries like Chile and Indonesia, which sold Eurobonds this week, are attracted by favorable monetary conditions in Europe that help keep borrowing costs low. The European Central Bank extended its dovish approach on Thursday, which could attract even more issuers from developing countries.

Nota Original:Dovish Policy Spurs Emerging-Market Euro-Bond Rush: Chart

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