iShares JPMorgan USD Emerg Markets Bond (EMB)
NYSEArca - NYSEArca Delayed Price. Currency in USD
Struggling after an extended period of low oil revenue, Venezuela this week revised its debt swap offer that would push some bond obligations into the future. The debt swap may constitute a default, according to warnings from Fitch Ratings and from S&P Global, which downgraded Petroleos de Venezuela credit last week. The Venezuela government sweetened its swap offer for debt of Petroleos de Venezuela (Pdvsa, the state-controlled oil producer, in recent days.
Emerging market bond fund flows have again hit a record, marking the 13th week of inflows totaling roughly $27 billion. Debt funds in EM saw net inflows of $2.4 billion in the latest weekly reporting period, according ...