The public sector bond market is always developing. Its position as the biggest segment of the wider debt capital markets means it must, and should, always evolve. 2023 marked the return of liquidity in the European government bond markets to levels from before the Covid-19 pandemic. However, this is not the case for smaller issuers as liquidity is still front and centre of borrowers’ concerns as we have learnt through the various meetings held by OMFIF’s Sovereign Debt Institute last year. There are a number of other interesting developments that will shape the discourse of the public sector bond market in 2024, ... (full story)