Top bond sellers say emerging issuers will brush off Fed in 2017


LONDON: Sales of hard-currency bonds by emerging-market issuers next year may outpace 2016 as strengthening commodity prices and companies refinancing maturing debt offset the drag from rising borrowing costs.

That’s the view from Citigroup Inc, the bank that topped a league table compiled by Bloomberg for selling the most new developing-country debt this year.

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