Welcome to the ICMA Quarterly Report First Quarter 2026
The Foreword to the ICMA Quarterly Report for the First Quarter of 2026 is by Bryan Pascoe, Chief Executive of ICMA. There are thought leadership features on: the future of bond markets: key trends and catalysts; financing the hard part of transition: the new Climate Transition Bond Guidelines; EU Market Integration & Supervision Package: a new chapter for Europe's bond markets; ICMA's initiatives on the SEC mandatory clearing for US Treasuries; and the stablecoin question: an impractical distraction or a powerful alternative. The Quarterly Report also includes international capital market practice and regulatory policy updates on primary markets, secondary markets, repo and collateral markets, sustainable finance, and FinTech and digitalisation.
We welcome feedback and comment on the issues raised in the report; please e-mail quarterlyreport@icmagroup.org or alternatively, the ICMA contact whose e-mail address is given at the end of the relevant article.
PDF version: issue no 80: ICMA Quarterly Report First Quarter 2026
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