Euroclear’s Post

There has been a lot of focus on the trading and post-trading European landscape fragmentation in the context of #CMU reports. Eurobonds are a successful example of true pan-European and even global reach for the benefit of all: issuers and investors ! Yes we can 😉

This week €9 billion of #EUBonds have been raised on the financial markets! 🗓️ The dual-tranche transaction, the first under the Commission’s EUR 65 billion funding plan for H2 2024, involved a new €5 billion bond due on 5 October 2029, and a €4 billion tap of the EU-Bond maturing on 5 October 2054. EU bonds were oversubscribed approximately 13-times and 20-times, respectively 📈. The strong response is reflective of the deep support the EU enjoys from the global investor community 💶 and is testament to the ongoing commitment to investor engagement and the transparency and consistency with which the EU undertakes its funding task. Proceeds from EU Bonds finance EU policy programmes, most notably in the context of NextGenerationEU, support to Ukraine (through the Ukraine Facility) and other programmes, increasing Europe’s and our Neighbourhood’s resiliency and the green 🌱 and digital transition 📲 EU-bonds are also strengthening the role of the Euro as a global currency. Diversification equals de-risking. EU-Bonds help Europe get fit for the future! 🚀 Read more: shorturl.at/veVJA

This week €9 billion of #EUBonds have been raised on the financial markets! 🗓️ The dual-tranche transaction, the first under the Commission’s EUR 65 billion funding plan for H2 2024, involved a new €5 billion bond due on 5 October 2029, and a €4 billion tap of the EU-Bond maturing on 5 October 2054. EU bonds were oversubscribed approximately 13-times and 20-times, respectively 📈. The strong response is reflective of the deep support the EU enjoys from the global investor community 💶 and is testament to the ongoing commitment to investor engagement and the transparency and consistency with which the EU undertakes its funding task. Proceeds from EU Bonds finance EU policy programmes, most notably in the context of NextGenerationEU, support to Ukraine (through the Ukraine Facility) and other programmes, increasing Europe’s and our Neighbourhood’s resiliency and the green 🌱 and digital transition 📲 EU-bonds are also strengthening the role of the Euro as a global currency. Diversification equals de-risking. EU-Bonds help Europe get fit for the future! 🚀 Read more: shorturl.at/veVJA

This week €9 billion of #EUBonds have been raised on the financial markets! 🗓️ The dual-tranche transaction, the first under the Commission’s EUR 65 billion funding plan for H2 2024, involved a new €5 billion bond due on 5 October 2029, and a €4 billion tap of the EU-Bond maturing on 5 October 2054. EU bonds were oversubscribed approximately 13-times and 20-times, respectively 📈. The strong response is reflective of the deep support the EU enjoys from the global investor community 💶 and is testament to the ongoing commitment to investor engagement and the transparency and consistency with which the EU undertakes its funding task. Proceeds from EU Bonds finance EU policy programmes, most notably in the context of NextGenerationEU, support to Ukraine (through the Ukraine Facility) and other programmes, increasing Europe’s and our Neighbourhood’s resiliency and the green 🌱 and digital transition 📲 EU-bonds are also strengthening the role of the Euro as a global currency. Diversification equals de-risking. EU-Bonds help Europe get fit for the future! 🚀 Read more: shorturl.at/veVJA

This week €9 billion of #EUBonds have been raised on the financial markets! 🗓️ The dual-tranche transaction, the first under the Commission’s EUR 65 billion funding plan for H2 2024, involved a new €5 billion bond due on 5 October 2029, and a €4 billion tap of the EU-Bond maturing on 5 October 2054. EU bonds were oversubscribed approximately 13-times and 20-times, respectively 📈. The strong response is reflective of the deep support the EU enjoys from the global investor community 💶 and is testament to the ongoing commitment to investor engagement and the transparency and consistency with which the EU undertakes its funding task. Proceeds from EU Bonds finance EU policy programmes, most notably in the context of NextGenerationEU, support to Ukraine (through the Ukraine Facility) and other programmes, increasing Europe’s and our Neighbourhood’s resiliency and the green 🌱 and digital transition 📲 EU-bonds are also strengthening the role of the Euro as a global currency. Diversification equals de-risking. EU-Bonds help Europe get fit for the future! 🚀 Read more: shorturl.at/veVJA

🌐 Exploring Eurobonds: Bridging Financial Frontiers 🌍 Dive into the dynamic realm of Eurobonds, a crucial instrument in international finance! 🚀 🔍 **Understanding Eurobonds:** Eurobonds, issued in a currency other than that of the issuer's country, play a pivotal role in fostering cross-border capital flows. 💼💶 🌐 **Global Collaboration:** As we navigate economic complexities, Eurobonds serve as a symbol of global financial collaboration. Join the conversation on how they strengthen economic ties worldwide. 🌎💬 📈 **Market Impact:** Explore the market dynamics influenced by Eurobonds – from risk management to yield expectations. Uncover insights that shape investment strategies. 💹💡 🔗 **Building Bridges, Not Borders:** In an interconnected world, Eurobonds bridge gaps between nations, fostering economic cooperation and stability. Let's discuss the impact on international relations and economic resilience. 🤝🌐 💡 **Innovation in Finance:** Eurobonds continually evolve to meet the changing financial landscape. Discover the latest trends and innovations reshaping this cornerstone of global finance. 🔄💡 Join the dialogue! Share your thoughts, experiences, and insights on Eurobonds. Together, let's unravel the intricate tapestry of international finance. 💬🌐 Hit 👍 if you loved it and 🔄 too. Follow Harshil Lahoti for more such finance related content. #Eurobonds #GlobalFinance #EconomicCollaboration #InvestmentInsights

[📆 Capital Markets' #Chronicle] 17 July 1963: Listing of the very first Eurobond (Autostrade) on the Luxembourg Stock Exchange 💵 In the 1960s, the strength of the US dollar and the depth of the US market made it a preferred destination for European companies to issue bonds. 🏛️ However, the introduction of the Interest Equalization Tax (IET) in the US in 1963 effectively closed the market to foreign borrowers by increasing the cost of capital for non-US issuers. 🌍 As a result, a USD bond market emerged in Europe, known as the "Eurobond" market. 🛣️ On this day 61 years ago, this market began with a transaction widely recognized as the first Eurobond: the US$15million 15-year 5.5 percent bond issued by Autostrade per l'Italia - Persone, the builder and operator of the Italian motorway network. The bond was guaranteed by the Italian State Holding Company, Istituto per la Ricostruzione Industriale (IRI) 🇮🇹. 🏦 The underwriters for this transaction were SG Warburg & Company, Banque de Bruxelles, Deutsche Bank, and Rotterdamsche Bank. 📑 The subscription agreement was executed on 1 July 1963, and the bonds were listed on the Luxembourg Stock Exchange on 17 July 1963. #CapitalMarkets #Eurobond

CE Watch: 20 years EU membership - Bond market integration The integration of the government bond markets of the CE/SEE NMS with the core markets in the EU is a milestone on the way to a more developed economy. While integration, as measured by price movements vis-à-vis the reference market, can be quickly reversed in times of crisis, the recent pandemic has shown that targeted policy measures can prevent renewed fragmentation. Within the Visegrád countries, the Czech Republic has a high degree of bond market integration, while high beta names such as Romania, but also Hungary, remain sensitive. On the other hand, as part of a quantity-based integration analysis, non-resident holdings have not changed too much since the euro area sovereign debt crisis due to the phenomenal home bias of investors. 📌 Read more in the latest report by Stephan Imre & Dorota Strauch, CFA: https://lnkd.in/egRFhurH