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How the yield curve of a bond looks depends on several factors. In his article, fund manager Tolgahan Memişoğlu explains what this means and why yield curves could become steeper again in the future.
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Advantages of supranational bonds in emerging market currencies
The most common form of supranational financial institutions are development banks, whose shareholders are usually the founding states. Investors’ exposure to bonds issued by development banks allows them to finance local infrastructure or climate projects at lower cost, which ultimately benefits the local population.