In the first half of 2026, global government banks will underwrite treasury bond bonds and issue 504 billion US dollars

According to The Kobeissi Letter, in the first half of 2026, the global government issued bonds through bank underwriting channels reached a record high of $504 billion. The statistics do not include conventional bond auctions and US treasury bond bonds. Italy raised $81 billion through bond issuance, Germany raised $16.1 billion through bond issuance, and the UK, Belgium, and Serbia all completed their largest government bond pricing issuances in their respective countries' history.