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Panel V: The ‘silent stockpile’. Retained issuance: Why, what for and how worried should I be?
24 Sept 2026
A Stream I - Auditorium III
STREAM I
- How big is the stockpile of retained bonds? And which countries / types of issuers use it most?
- Why? Who uses it for repo? Who keeps it for a rainy day? What else is it for?
- Issuance from the same programme as the public bonds? Or a different breed?
- What are the risks to: supply, market stability, issuer stability, regulator intervention, market confidence….
