TY - JOUR AU - De Gregorio, José AU - Horra Ruiz, Luis Pablo de la AU - Jara, Mauricio PY - 2026 SN - 1062-9408 UR - https://uvadoc.uva.es/handle/10324/83312 AB - We examine how USD-denominated bond issuance by non-financial listed firms in emerging market economies affects cash holdings and real activity under currency depreciations and shifting external borrowing conditions. Using firm-year data for 1655... LA - eng PB - Elsevier KW - USD bond issuance KW - Emerging markets KW - Liquidity buffers KW - Save-to-invest KW - Currency depreciation KW - Risk-adjusted spreads TI - Currency mismatches in emerging markets: Effects on corporate liquidity, investment dynamics and performance DO - 10.1016/j.najef.2026.102597 ER -