The creation of common eurozone sovereign bonds is likely to happen once there is greater harmonisation between the fiscal policies of eurozone nations, the heads of the Portuguese and Italian debt management offices said at the Euromoney Global Borrowers and Bond Investors Forum in London this week.
“It seems inevitable that we will move to some sort of ‘eurobond’, but we are a considerable way from that situation,” said Cristina Casalinho, chair and chief executive officer of the Portuguese Treasury and Debt Management Agency. “We need to have further harmonisation and synchronisation with our business
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