(Bloomberg) -- With borrowing costs near historic lows and the Federal Reserve signaling cheap funding isn't going to end anytime soon, developing-nation issuers sold $120 billion of Eurobonds in the three months ended September, the most-ever for a third quarter. Investors bid for six times the $1.25 billion of bonds Russia sold on Sept. 22, a day after the Fed scaled back projections for rate increases. But the biggest volumes were from issuers in China, with $37.5 billion, followed by Mexico, with $11.7 billion.
To contact the reporter on this story: Lyubov Pronina in London at lpronina@bloomberg.net.
To contact the editors responsible for this story: Daliah Merzaban at dmerzaban@bloomberg.net, Stephen Kirkland
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