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10 October 2025

ICMA Quarterly Report for the Fourth Quarter of 2025

9 October 2025 | Fourth Quarter | Issue 79
Inside this issue:
Advancing global markets
The US Treasury market: major
drivers and current outlook
Market fragmentation and the
pursuit of greater international
harmonisation
The future of financial
markets: The role of DLT and
tokenization in Europe
Demystifying...










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