This page is dedicated to research articles on primary fixed income markets. For further information please contact Dan Barnes.
THE BOOK
Clearstream and Euroclear move towards digitised Eurobond market
International central securities depositories (ICSDs) Clearstream and Euroclear have partnered to offer dematerialised Eurobond issuance from Q1 2026, removing the need for paper certificates.
The ICSDs are also introducing a new data standard, the issuance...
The Book: Eli Lilly issues 40-year notes as weight loss industry booms
Eli Lilly & Co issued US$6.71 billion in bonds in August, with maturities ranging from three to 40 years.
The firm, which produces weight loss drugs Zepbound and Mounjaro, reported US$15.56 billion in revenue over...
The Book: Equity-linked note issuance on the rise in APAC
Convertible and exchangeable bond issuance in APAC is on track for a record-breaking year, Citi has noted.
Convertible bonds allow holders to convert their bond into shares of the issuer. Exchangeable bonds can be exchanged...
State Street joins JPM digital debt platform
State Street has become the inaugural third-party custodian on JP Morgan’s digital debt service.
The digital debt service allows the issuance, settlement and servicing of tokenised blockchain-based debt securities. State Street can now provide custody...
