Euroland Municipal Bonds: New city states
The Saxon city of Leipzig sounded the overture of Emu’s municipal bond sector. On the euro’s first day in the financial markets, 4 January 1999, it issued a bond of €100 million, listed in the German market but aimed at foreign investors too. Like Spain’s Basque Country, it hoped for a change in Europe’s consciousness, not just cheap money.
Access this research
Enter your work email address to sign in or check whether your organisation already has access to Euromoney.
