Belet called emerging market debt an attractive opportunity

On 24 July, Michel Aubenas, a Belet analyst, stated in a report that emerging market debt offered attractive investment opportunities, particularly in areas where real rates of return remained high. “Latin America and parts of Central and Eastern Europe, the Middle East and Africa have emerged in a more moderate global interest rate environment.” Aubenas said that a fall in energy prices could reduce central bank interest rate expectations and improve risk preferences for emerging market assets。