{"id":2596,"date":"2014-12-07T14:15:37","date_gmt":"2014-12-07T19:15:37","guid":{"rendered":"http:\/\/olduvai.ca\/?p=2596"},"modified":"2014-12-07T14:15:37","modified_gmt":"2014-12-07T19:15:37","slug":"emerging-markets-masking-corporate-foreign-debt-levels-bis-says-bloomberg","status":"publish","type":"post","link":"https:\/\/olduvai.ca\/?p=2596","title":{"rendered":"Emerging Markets Masking Corporate Foreign-Debt Levels, BIS Says &#8211; Bloomberg"},"content":{"rendered":"<p><a href=\"http:\/\/www.bloomberg.com\/news\/2014-12-07\/emerging-markets-masking-corporate-foreign-debt-levels-bis-says.html\">Emerging Markets Masking Corporate Foreign-Debt Levels, BIS Says &#8211; Bloomberg<\/a>.<\/p>\n<p style=\"box-sizing: border-box; margin-top: 0px; margin-bottom: 28px; font-size: 1.1em; line-height: 1.3125em;\">Foreign-debt levels of companies in\u00a0<a style=\"box-sizing: border-box; cursor: pointer; color: #003399; text-decoration: none; outline-style: none; outline-width: initial; outline-color: initial; font-family: akzidenz-grotesk-std-bloom, Arial, Helvetica, sans-serif; font-style: normal; font-weight: bold;\" href=\"http:\/\/topics.bloomberg.com\/emerging-markets\/\">emerging markets<\/a>\u00a0from\u00a0<a style=\"box-sizing: border-box; cursor: pointer; color: #003399; text-decoration: none; outline-style: none; outline-width: initial; outline-color: initial; font-family: akzidenz-grotesk-std-bloom, Arial, Helvetica, sans-serif; font-style: normal; font-weight: bold;\" href=\"http:\/\/topics.bloomberg.com\/china\/\">China<\/a>\u00a0to India and Brazil are underestimated, threatening financial stability, the\u00a0<a class=\"web_ticker\" style=\"box-sizing: border-box; cursor: pointer; color: #003399; text-decoration: none; outline-style: none; outline-width: initial; outline-color: initial; font-family: akzidenz-grotesk-std-bloom, Arial, Helvetica, sans-serif; font-style: normal; font-weight: bold;\" title=\"Get Quote\" href=\"http:\/\/www.bloomberg.com\/quote\/BIZ:SW\">Bank for International Settlements<\/a>\u00a0said.<\/p>\n<p style=\"box-sizing: border-box; margin-top: 0px; margin-bottom: 28px; font-size: 1.1em; line-height: 1.3125em;\">Companies are raising more foreign funds through their offshore affiliates and accounting practices understate the\u00a0<a style=\"box-sizing: border-box; cursor: pointer; color: #003399; text-decoration: none; outline-style: none; outline-width: initial; outline-color: initial; font-family: akzidenz-grotesk-std-bloom, Arial, Helvetica, sans-serif; font-style: normal; font-weight: bold;\" href=\"http:\/\/topics.bloomberg.com\/currency-risk\/\">currency risk<\/a>\u00a0in such transactions, the Basel, Switzerland-based institution said in its quarterly report. Almost half of the $554 billion that the firms raised in the five years through 2013 came from the affiliates, the BIS said.<\/p>\n<p style=\"box-sizing: border-box; margin-top: 0px; margin-bottom: 28px; font-size: 1.1em; line-height: 1.3125em;\">\u201cOffshore subsidiaries of emerging-market non-financial corporates are increasingly acting as surrogate intermediaries,\u201d raising money abroad and transferring it to their parent companies, economists led by Stefan Avdjiev wrote. \u201cThis trend could have important financial-stability implications. Yet, analysis of it is hindered by conceptual difficulties associated with statistical conventions on the measurement of cross-border flows.\u201d<\/p>\n<p style=\"box-sizing: border-box; margin-top: 0px; margin-bottom: 28px; font-size: 1.1em; line-height: 1.3125em;\">&#8230;click on the above link to read the rest of the article&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Emerging Markets Masking Corporate Foreign-Debt Levels, BIS Says &#8211; Bloomberg. Foreign-debt levels of companies in\u00a0emerging markets\u00a0from\u00a0China\u00a0to India and Brazil are underestimated, threatening financial stability, the\u00a0Bank for International Settlements\u00a0said. Companies are raising more foreign funds through their offshore affiliates and accounting practices understate the\u00a0currency risk\u00a0in such transactions, the Basel, Switzerland-based institution said in its quarterly report. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[2],"tags":[1733,1269,1732,1731],"class_list":["post-2596","post","type-post","status-publish","format-standard","hentry","category-economics","tag-bank-for-international-settlements","tag-bis","tag-emerging-markets","tag-foreign-debt"],"_links":{"self":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/2596","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2596"}],"version-history":[{"count":1,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/2596\/revisions"}],"predecessor-version":[{"id":2597,"href":"https:\/\/olduvai.ca\/index.php?rest_route=\/wp\/v2\/posts\/2596\/revisions\/2597"}],"wp:attachment":[{"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2596"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2596"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/olduvai.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2596"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}