Here's What Aramco's Bond Means for Emerging Markets: EM Insight

The video discusses the heavy supply of emerging market debt, particularly from the Middle East, and its impact on the market. It highlights significant deals, such as those by Saudi Aramco and Qatar, and examines the issuance of dollar-denominated bonds. The video contextualizes the growth of the EM market and analyzes pricing trends, noting that while spreads have narrowed, they remain above historical averages, suggesting potential for continued market rally.

Discuss the significance of the Aramco deal in the context of emerging market bonds.

What trends can be observed in the spreads of emerging market dollar bonds over the past few years?