Tuesday, December 15, 2009

Emerging-Market Debt Trading Rises 19%, EMTA Says - Business Exchange

Emerging-Market Debt Trading Rises 19%, EMTA Says

Brazilian debt tallied the second-most trading volume, with $155 billion in turnover.

The extra yield investors demand to own developing-nation bonds instead of U.S. Treasuries shrank to 2.93 percentage points from 6.90 percentage points on Dec. 31, according to JPMorgan Chase & Co.’s EMBI+ Index.

Emerging-market corporate bond trading totaled $175 billion in the third quarter, a 98 percent increase from the same period last year, according to the survey.

To contact the reporters responsible for this story: Veronica Espinosa in New York at vespinosa@bloomberg.net.