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Eurobond Market: The Tide is Rising But Not All Boats are Equals

Jules Devie

No 2602, FDL Policy Notes from CEPREMAP

Abstract: Following two years of market closures in many emerging markets, international capital markets have reopened. Issuance volumes have surged, while spreads have narrowed, reinforcing an optimistic narrative that improved EM policies have restored market access and now ensure sustainable access to private capital. Is this the beginning of a golden age for EM debt?

Keywords: Eurobond Market; Liquidity; Debt Sustainability; Global Financial Cycle (search for similar items in EconPapers)
Pages: 22 pages
Date: 2026-01
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