Bond Issuers and Investors Are About to Find Out It's Not Easy Being Green(back-Denominated)
Deutsche Bank says emerging-market credit could be the next shoe to drop
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When green is all there is to be
It could make you wonder why, but why wonder?
—Kermit the Frog, Bein’ Green (1970)
Years of low interest rates in the U.S. have encouraged emerging-market issuers to use the greenback for their borrowing needs.