Europe Bond Sales Are Piling Up in Sign It’s Business as Usual

A ceasefire between Israel and Iran — although tentative and possibly fleeting — drew the biggest rush of borrowers in two weeks into Europe’s primary bond market.

As many as 19 issuers are looking to raise at least €10.3 billion ($11.9 billion), with the biggest deal a three-part offering from oil and gas giant TotalEnergies SE, according to data compiled by Bloomberg. Many jumped into action having not even publicly announced the sales beforehand.