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ICMA Quarterly Report Q3 2025

Page 1

9 July 2025 | Third Quarter | Issue 78

Inside this issue:

Eurobonds, a safe haven in the international capital markets Navigating complexity, advancing resilience: ICMA’s role and priorities in the international capital markets Building a stronger European integrated market: ICMA’s vision for the Savings and Investment Union Unlocking Europe’s competitiveness: why a stronger Savings and Investment Union matters The evolution of the global digital bond ecosystem The role of sustainability in European commercial paper markets Ensuring financial stability in a time of tariffs Primary, secondary and repo and collateral markets Asset management Sustainable finance FinTech and digitalisation Emerging capital markets


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