Capital flow to emerging markets climbs in April on higher debt investments, IIF says
- Date: 04-May-2021
- Source: The National
- Sector:Economy
- Country:Middle East
Capital flow to emerging markets climbs in April on higher debt investments, IIF says
Emerging market securities attracted capital flows of $45.5 billion in April, a significant recovery from the March level of $10.1bn, buoyed by a rise in debt flows, according to the Institute of International Finance.
Debt flows to emerging market portfolios climbed to $26.4bn, excluding China, while equity flows minus China showed only marginal gains in April, rising to $700 million, the IIF said in a report on Tuesday.
The overall flows in April were helped by a rise in China flows, with $4.8bn going to debt and $13.5bn to Chinese equities portfolios.