23 April 2024

BBVA brings together more than 90 international public institutions at its annual Public Sector Seminar

The 11th BBVA’s Seminar for public sector investors and issuers gathered last week central banks, multilaterals, governments, development banks and institutional investors from advanced and emerging markets economies in Granada (Spain).
The Seminar brought together more than 160 participants from 90 international public institutions.
Main takeaways are as follows:                                                                                                                                                                                                                                                                                                                                         
  • Participants focused on the challenging outlook due to the new geopolitical landscape that is reshaping the economic model generating uncertainty and additional inflationary pressures.                            
  • Investment opportunities will continue to arise and products like covered bonds will remain attractive as well as alternatives like EGBs. There was also a lot of focus in challenges like sustainable policies and green investments.
  • Presentations addressed issues like decarbonization, inclusive growth and the role banks will have to play as catalyzers helping clients do these investments and transition via ESG and social investments.
  • ESG issuances and the future of new bond structures as well as how to better engage with investors to communicate the environmental benefits were further discussed. Central bankers and reserve portfolio managers analyzed long term investment diversification and asset allocation under market volatility and explore opportunities and risks in diversifying across asset classes, including alternative stores of value such as gold.
 
   
Finally, more than 200 bilateral meetings were arranged on the sidelines of the conference between issuers and investors that will surely help issuers to diversify their investment base and investors to diversify their asset classes.