欧元全球货币地位初显增强 债券领域表现亮眼
Jin Tou Wang·2025-09-04 03:02

Group 1 - The euro is showing initial signs of strengthening in its global currency status, particularly in bond issuance and investment [1] - In Q1 of this year, the euro's share in global foreign exchange reserves remained stable at around 20%, with small reserve managers becoming a new source of demand for the euro [1] - Foreign investors purchased approximately €186 billion in eurozone bonds and €46 billion in stocks between May and June, indicating strong interest despite the eurozone government bonds' foreign ownership ratio being lower than that of US Treasuries [1] Group 2 - The euro to USD exchange rate is currently around 1.1654, with a slight decline of 0.03% from the previous trading day [1] - The euro's share in SWIFT international payments has stagnated this year, but emerging markets have issued a significant amount of bonds in euros [1] - The foreign ownership ratio of eurozone government bonds has increased from 19% to approximately 22% since the start of quantitative tightening, suggesting foreign investors are absorbing bond sales [1]