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  • Tuesday, November 19, 2024

EU begins NGEU bill auctions but secondary market needs support

The European Union’s new bond issuance auction programme started on 15 September, via the TELSAT auction system operated by Banque de France for its EU Bills.

Over stimulating?

The biggest new-issue news over the past week has been the biggest ever European stimulus package – the NextGenerationEU (NGEU) recovery plan – and getting allocations ...