USD 230bn IMF windfall lures investors into riskiest debt markets

The IMF move would increase the reserves of Argentina, Pakistan, Ecuador and Turkey by 10 percent or more.
Photo: SAUL LOEB/AFP / AFP
Photo: SAUL LOEB/AFP / AFP
By Selcuk Gokoluk and Eric Martin, BLOOMBERG

A windfall of more than USD 230bn from the International Monetary Fund for emerging and developing nations is luring investors into the riskiest debt markets.

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