The EU will become into a major issuer of safe assets in the coming years. How will this interact with the debt issuance of European sovereign debts?
The EU is going to issue up to €750 billion to finance its recovery plan (including a third in Green Bonds). The Commission is aiming to issue its first debt securities for NextGenerationEU as soon as July 2021, and plans to issue up to €150-200 billion per year over the period to end in 2026. This will transform the EU into one of the major issuer of safe assets in the coming years. How will the EU approach this? How will that interact with the debt issuance of European sovereign debts? What will be the impact of issuing a third Green bonds?
At this event we will discuss this with speakers from the European Commission, representatives of national debt agencies from various EU countries, as week as from market participants and from the Eurosystem.
Chair: Grégory Claeys, Senior Fellow
Yves Jacob, Global Head of Public Sector Coverage, Société Générale
Gert-Jan Koopman, Director General, European Commission, DG BUDGET
Imène Rahmouni-Rousseau, Director General of Market Operations, European Central Bank
Pablo de Ramón-Laca, Head of Funding and Debt Management at the Spanish Treasury
Global Head of Public Sector Coverage, Société Générale
Director General, European Commission, DG BUDGET
Head of Funding and Debt Management at the Spanish Treasury
Director General of Market Operations, European Central Bank
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