Public sector debt summit
21 March 2024
OMFIF’s Sovereign Debt Institute is returning with its third Public sector debt summit, taking place exclusively in Paris. This flagship event convenes developed and emerging market public sector borrowers with asset managers, investment banks and other key market participants for engaging discussions on the most pressing issuance concerns.
As with all our in-person events, the entire day will be off the record with no media in attendance to encourage participants to speak freely and stimulate authentic discussions. There will be ample networking opportunities through refreshment breaks as well as a lunch and a pre-event dinner the evening before. Our bespoke format has proved very popular with attendees, and our events have been labelled by leading market participants as the ‘best forum to debate about SSAs’.
We will begin the summit with an outlook for the global economy and monetary policy, before presenting the findings of our annual Public Sector Debt Outlook survey, examining the funding plans by SSA borrowers for the year ahead. We will ‘take stock’ of the first quarter of 2024 with leading investors and sovereign issuers before examining the evolution of the investor base, allocation strategies and price discovery, sustainable finance and diversification strategies.
Hear from the biggest names in the public sector debt markets
Confirmed speakers for this year's summit
Valentine Ainouz
Patrick Barbe
Charlie Berman
Cedric Bernard-Villeneuve
Louise Bergstrom
Sarah Carlson
Arnaud Delestienne
Christian Engelen
Adriana Cruz Felix
Guido Galassi
Christopher Garnett
Jörg Graupner
Felix Grote
Vincent Gusdorf
Jana Harvey
Clive Horwood
Davide Iacovoni
Yannick Kalantzis
George Kalogeropoulos
Burhan Khadbai
Zoltán Kuráli
Tongai Kunorubwe
Isabelle Laurent
Alvise Lennkh-Yunus
Stelios Leonidou
Yanick Loirat
Brian Mangwiro
Jürgen Martinschledde
Diane Menville
RocÃo Trueba Miralles
Stefan Nanu
Kaan Nazli
Romain Netter
Peter Nijsse
Jessica Pulay
Florian Rabasse
Ioannis Rallis
Sukhdeep Sambhi
Sergio Sierra
Markus Stix
Marek Szczerbak
Isabelle Vic-Philippe
Rouska Winter
Mostafa Ziaee
Sponsors
By invitation only, bond market infrastructure participants will discuss the latest developments to improve market infrastructure for bond markets.
Speakers:
George Kalogeropoulos, Deputy Head of Market Infrastructure and Payments, European Central Bank
Christian Engelen, Head of Borrowing and Lending Operations, European Commission
Arnaud Delestienne, Director, International Capital Markets, Luxembourg Stock Exchange
Ioannis Rallis, Head of SSA DCM, JP Morgan
Isabelle Laurent, Deputy Treasurer and Head of Funding, European Bank for Reconstruction and Development
Joerg Graupner, Vice President, Fixed Income, KfW
Charlie Berman, Founder and Chief Executive Officer, Agora               Â
Vincent Gusdorf, DeFi and Digital Assets, Moody’s Investors Service       Â
Peter Nijsse, Director, Treasury and Capital Markets, BNG Bank
Senior strategists and credit experts present their outlook for the global fixed income markets in the context of rising debt levels and loosening monetary policy.
Speakers:
Valentine Ainouz, Head of Global Fixed Income Strategy, Amundi
Yannick Kalantzis, Director of Macroeconomic Analysis and Forecasting, Banque de France
Alvise Lennkh-Yunus, Head of Sovereign and Public Sector, Scope Ratings
Presentation of the key findings from OMFIF’s annual survey of global SSAs.
Leading portfolio managers reflect on their investment strategies at the start of the year and what could derail their plans later in 2024.
Speakers:
Patrick Barbe, Head of European Investment Grade Fixed Income, Neuberger Berman
Rouska Winter, Head of Euro Aggregate Fixed Income, Ostrum Asset Management
Brian Mangwiro, Portfolio Manager, Global Sovereign Debt and Currencies, Barings
Jürgen Martinschledde, Senior Portfolio Manager, MEAG
Sovereign issuers reflect on the record pace for issuance and demand at the start of the year and discuss how they will navigate their funding for the rest of the year.
Speakers:
Christian Engelen, Head of Borrowing and Lending Operations, European Commission Â
Davide Iacovoni, Director General, Public Debt, Ministry of Economy & Finance, Italy
RocÃo Trueba Miralles, Deputy Head, Funding Debt Management, Spanish Treasury
Jessica Pulay, Co-head Policy and Markets, UK Debt Management OfficeÂ
Ioannis Rallis, Head of SSA DCM, JP Morgan
Sukhdeep Sambhi, Portfolio Manager, Wellington Management
Market participants discuss how the investor base is evolving for the public sector bond market and what the priorities are for issuers in 2024.
Speakers:
Zoltan Kurali, Chief Executive Officer, Government Debt Management Agency, HungaryÂ
Arnaud Delestienne, Director, International Capital Markets, Luxembourg Stock Exchange
Peter Nijsse, Director, Treasury and Capital Markets, BNG BankÂ
Aisling Synnott, Deputy Director, FDM, National Treasury Management Agency, Ireland
Isabelle Vic-Phillipe, Head of Euro Aggregate, Amundi
Cedric Bernard-Villeneuve, Portfolio Manager, Ostrum Asset Management
Marek Szczerbak, Deputy Director, Public Debt department, Ministry of Finance, Poland
How to adapt allocation strategies in order improve liquidity and price discovery processes in secondary markets.
Speakers:
Isabelle Laurent, Deputy Treasurer and Head of Funding, European Bank for Reconstruction and Development
Yanick Loirat, Head of Euro Sovereign Investments, Neuberger Berman
Romain Netter Head of Funding, Agence France Locale
Markus Stix, Managing Director, Austrian Treasury
Joerg Graupner, Vice President, Fixed Income, KfWÂ Â Â Â
An ESG-focused session discussing best practice and new initiatives for reporting standards and frameworks, as well as an outlook for greeniums in the public sector bond market.
Speakers:
Adriana Cruz Felix, Vice President, Sustainable Finance, Manager Second Party Opinions EMEA, Moody’s Investors Service
Mostafa Ziaee, Sovereign Analyst, AXA
Stelios Leonidou, Senior Economist, Head of Front Office of Public Debt Management Office, Ministry of Finance Cyprus
Stefan Nanu, Head, Public Debt Management and State Treasury, Ministry of Finance, RomaniaÂ
Sergio Sierra, Head of Funding and Treasury, Instituto de Crédito Oficial
How non-sovereign issuers are diversifying their issuance in terms of currency options, maturities and other products and analysing where the best opportunities are.
Speakers:Â Â Â Â Â
Louise Bergstrom, Funding and Investor Relations Executive, Swedish Export Credit CorporationÂ
Felix Grote, Head of Long-term Funding Operations, Council of Europe
Romain Netter Head of Funding, Agence France Locale
Closing session to share ideas on topics such as hybrid capital, digital/blockchain bonds, risk-free rates, the role of non-banks and commercial paper.
Final overview of key trends in public sector debt markets to wrap up the day.
Speakers:
Sarah Carlson, Senior Vice President, Sovereign Risk Group, Moody’s Investors Service
Ioannis Rallis, Head of SSA DCM, JP Morgan
Please note that this in-person meeting will be held in Paris. Further details regarding the venue will be made available to attendees shortly.
Partner with us
- Showcase your organisation at this flagship conference in Paris.
- Promote your brand through a tailored package, which can include speaking sessions, logo visibility and more.
- Leverage networking opportunities at the event to connect with key stakeholders and decision-makers.
- Position your experts as market leaders.
Contact Melissa Roache to talk about your partnership opportunity
About the Sovereign Debt Institute
OMFIF’s Sovereign Debt Institute is an important forum for issuers and investors in the public sector debt markets to discuss their priorities and concerns. The intimate format of our events has generated positive feedback from both borrowers and the buyside.
Events hosted by the SDI during 2023 generated deep discussions about core issues affecting the public sector debt markets. These included concerns about liquidity, incentives for primary dealers, the disappearance of the ‘greenium’, the impact of private placements, the role of hedge funds and the development of market infrastructure.
Throughout 2024, we will build on the success of our 2023 calendar. This will include a mixture of flagship forums with larger numbers of issuers and investors, as well as more focused groups for discussions on specific issues.