The global bond markets have long been criticised for being inefficient, lacking integration and lagging in the adoption of digitalisation and technology. This is not for lack of effort, as there are fundamental flaws within the process of debt issuance making this burdensome.
To understand these key issues and find solutions, OMFIF’s Sovereign Debt Institute launched its market infrastructure survey of public sector borrowers, debt capital markets banks and fixed income investors. The survey sought to investigate the problems within the market infrastructure and how they could be improved. The results were anonymised and presented at an exclusive launch event, featuring a panel of sovereign, supranational and agency issuers, banks, investors and other key market participants in the bond markets.
The results of the survey and launch event will form the basis of a series of market infrastructure workshops in 2024. The workshops will bring together issuers, investors, banks, digital platforms, clearing and settlement houses, consultants, trading platforms, law firms and others.