Traders across Asian markets are bracing themselves for volatility as Nov. 5 nears. Wall Street banks are telling their clients to expect a decline in China's currency amid rising tariff risks
In a report published Thursday, the Paris-based organization estimated that total government debt issued by its 38 member countries will rise by $2 trillion to a record of $56 trillion this year
New Delhi will likely announce a gross borrowing of Rs 15.2 trillion ($183 billion) for the year starting April 1, marginally lower than the record Rs 15.43 trillion set for the current year
PIF is the chosen vehicle of Saudi Crown Prince Mohammed bin Salman, Saudi Arabia's de facto ruler, to drive the country's ambitious plan to wean itself off oil as it diversifies Saudi economy
The proposal under discussion by senior policymakers would involve the sale of ultra-long sovereign bonds to fund projects related to food, energy, supply chains and urbanization
"The rating agency's understanding of how the Chinese economy works and how the Chinese government functions is not deep enough and does not reflect the reality," Feng added
Fitch estimated that inclusion in the GBI-EM indexes could facilitate approximately $24 billion in passive inflows into government bonds between June 2024 and March 2025
India has in recent years come close to opening its $1 trillion government debt market to more global funds before pulling back from meeting the requirements for index inclusions