Who is in the shadow of Emerging Markets QE?

Governments across Emerging Markets have run large fiscal deficits to fund this year’s pandemic response. Wider deficits have meant higher bond issuance. Most EM central banks have been hesitant to launch full-scale Quantitative Easing (QE) programmes like in developed markets. So who has helped buy EM government bonds? Watch our latest #dbAsiaTakeaway to know more.