Brazil Volumes Lead EM CDS Trading: EMTA

Brazil Volumes Lead EM CDS Trading: EMTA

Bonds

Brazil was the most traded EM sovereign CDS instrument by volume in 3Q 2013, according to EMTA, with Pemex and Petrobras in the top three on the corporate side. EM CDS trading volume reached $297bn in the quarter, up from $279bn in 2Q and $213bn in 3

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