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NewsAugust 29 2010

Level of emerging market debt issuance hits new high

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Belarus raised $600m in a five-year bond offer in its first ever foreign-currency sovereign bond. It is one of many emerging market governments to take advantage of investors' returning risk appetites.

Argentina is looking to return to the capital markets for the first time since the country's default in 2001 by selling a new $1bn bond this year, and Angola has received credit ratings to pave the way for a planned sale of bonds.

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