July 25, 2025 09:24 AM GMT M Update EM Sovereign Credit Strategy | Global Where Supply Meets Demand EM flows: EMDD funds saw inflows worth US$5.7bn last week versus inflows worth US$69m in the previous week. EM credit issuance: There was US$3.5bn in issuance last week, versus US$10.0bn the previous week. ESG issuance: There was US$0.5bn in ESG-labelled bond issuance in EM last week, bringing year-to-date ESG issuance to US$61.9bn. • For ESG funds, hard currency funds saw inflows of US$11m, local currency fu ...