Debt Mismatch Leaves Emerging Nations Exposed to Shock, BIS Says

Updated on
  • State-owned companies helped push net debt sales to 2Q record
  • Fickle foreign investor sentiment leaves borrowers exposed

Emerging-market issuers are exposing themselves to greater currency volatility by letting dollar borrowings outstrip their buffer of reserves, according to the Bank for International Settlements.

To continue reading this article you must be a Bloomberg Professional Service Subscriber.