Bond Trading Data Boom Planned by EU Seeking Post-Brexit Boost
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European Union regulators are pushing ahead with a central database to track euro bonds as part of efforts to strengthen the bloc’s financial markets after Brexit.
A document from the EU’s executive arm Tuesday outlined plans for a so-called consolidated tape for corporate bonds, which would help fulfill a longstanding ambition in the bloc to bring together all data on completed trades. The change would increase secondary trading in euro-denominated bonds and boost the appeal of the securities for issuers and investors, according to the document.