亚洲公司在2025年将欧元债券销售额提高到100.7B美元,其驱动力是美国对关税的担心和减少对美元依赖的推动。 Asian firms boosted euro bond sales to $100.7B in 2025, driven by U.S. tariff fears and a push to reduce dollar reliance.

亚洲借款人在2025年以欧元计价发行债券猛增,达到1007亿美元,比2024年增加了75%,占区域债务销售额的23%,创下历史新高。 Asian borrowers surged euro-denominated bond issuance in 2025, reaching $100.7 billion—up 75% from 2024 and accounting for a record 23% of regional debt sales. 出于对美国关税、美联储压力和美元疲软的担忧,发行者正在摆脱对美元的依赖而多样化。 Driven by concerns over U.S. tariffs, Federal Reserve pressure, and a weakening dollar, issuers are diversifying away from dollar dependence. 资金成本降低,投资者需求强劲,包括中国和NTT公司超额担保交易,以及欧元互换溢价接近五年的最低水平,助长了这一转变。 Lower funding costs, strong investor demand—including oversubscribed deals by China and NTT Inc.—and a near five-year low in euro-dollar swap premiums fueled the shift. 虽然美元仍然占主导地位,但其份额却下降,这标志着向多极金融体系的更广泛转变。 While the dollar remains dominant, its share declined, signaling a broader move toward a multipolar financial system. 2026年,发放欧元的专家项目可能达到1 250亿美元,反映了全球资本市场重新平衡的持续势头。 Experts project euro issuance could reach $125 billion in 2026, reflecting sustained momentum in global capital market rebalancing.