A small number of deals took advantage of a more stable market
and issued over the traditionally slow July and August period.
Investment-grade issuance has dominated deal flow some
75% of all emerging market issuance this year has come from
high-grade issuers while 25% represents high yield.
Latin American volumes reached $69 billion from 107 deals in
the year to August 15, up from $64 billion and 108 deals over
the same period in 2011, according to Dealogic.
This year could be a record breaker in terms of issuance
Many expect a busy September with a decent number of
cross-border bond deals. There are expectations of a
seasonal pick up in issuance, and investor appetite is good.
Im not sure if there is a window for super high-yield
names, but opportunities for high-quality BB and BBB names
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