Some of the world’s riskiest sovereign borrowers are returning to international debt markets, taking advantage of increasing appetite for yield to sell bonds.
Suriname raised almost $1.6 billion with a debt sale this past week, two years after emerging out of default. It was the latest in a string of October bond deals, which also included Angola and KenyaBloomberg Terminal, that investors say is likely to continue. They’re looking at Argentina next, with JPMorgan Chase & Co. saying market access is now a “plausible goal again” after President Javier Milei’s party clinched a win in midterms, triggering a massive relief rally.