{"id":547637,"date":"2022-06-29T04:00:28","date_gmt":"2022-06-29T04:00:28","guid":{"rendered":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/29\/it-might-not-be-a-bad-time-to-get-in-on-riskier-em-bonds-if-you-know-where-to-look\/"},"modified":"2022-06-29T04:00:28","modified_gmt":"2022-06-29T04:00:28","slug":"it-might-not-be-a-bad-time-to-get-in-on-riskier-em-bonds-if-you-know-where-to-look","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/egypt\/2022\/06\/29\/it-might-not-be-a-bad-time-to-get-in-on-riskier-em-bonds-if-you-know-where-to-look\/","title":{"rendered":"It might not be a bad time to get in on riskier EM bonds \u2014 if you know where to look"},"content":{"rendered":"

<\/a> More investors are looking past frontier debt sell-offs for buying potential <\/strong>as rising yields tempt them to look past fears of default on junk-rated bonds, Bloomberg<\/a> reports, citing investors. Even in the event of debt restructuring, frontier-market bonds will offer greater recovery values than current bond prices, asset managers told the business information service. \u201cIn some cases, [risk premiums] have been pricing in way below recovery levels,\u201d one analyst said. \u201cI\u2019m not saying all of these credits will survive but some surely will. Being selective in that space clearly offers value.\u201d High coupon rates mean attractive total returns even if bond prices prove volatile, analysts say.<\/p>\n

Egypt is still attractive:<\/strong> \u201cThe selloff has created buying [potential] \u2026 in Egypt and Kenya, where the rise in yields has outstripped fundamentals,\u201d one economist said.<\/p>\n

ALSO FROM PLANET FINANCE-<\/strong><\/p>\n