Germany's public sector issuers lead from the front


At the end of June GlobalCapital and DZ Bank brought together some of Germany’s leading public sector bond issuers to discuss the impact of the coronavirus pandemic on their capital markets activities...

Germany's public sector issuers lead from the front




  • Green retail bonds make sense, if not economic sense

    The UK’s plan to launch the world’s first sovereign green bonds for retail investors is a welcome addition to the suite of sustainable fixed income products. It might be costly for the Treasury compared to what it can raise in the Gilt market but there are plenty of reasons why it is a good idea.

  • A return to austerity would turn investors off UK

    UK chancellor of the exchequer Rishi Sunak is preparing to unveil his latest budget on Wednesday. Leaks point to a package of tax hikes and spending cuts. But a repeat of the discredited model that the Conservative Party, of which he is a member, embraced to tackle the 2008-2009 financial crisis would miss a huge opportunity to finance growth just when borrowing costs are as low as they will ever be. Austerity will prove a false economy that drives investment elsewhere.