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Why Investors Can’t Get Enough Of Tajikistan’s Debt
FYI: For decades, it’s been a rite of autumn: Finance ministers and central bankers from economically struggling countries arrive here for the International Monetary Fund’s meetings, seeking cash infusions or bailouts from the world’s richest nations.
Now that tradition is being upended. Countries like Ukraine, Nigeria, Sri Lanka and Tajikistan still need the money. They’ve just found a much more relaxed lender: investors who, in an era of rock-bottom interest rates, are searching far and wide for risky assets that will churn out decent returns. Regards, Ted https://www.nytimes.com/2017/10/17/business/emerging-markets-bonds.html
