Reported 11 days ago
Eurex Clearing AG has delayed the launch of a new futures contract linked to European Union debt, undermining the bloc's strategy to enhance bond trading. The exchange indicated that the EU's bond program needs to prove its long-term sustainability beyond 2026 before proceeding. This postponement marks a setback in the EU's attempts to establish its bonds alongside those of individual member states, as the bloc currently lacks plans for additional debt issuance beyond that year.
Source: YAHOO