Investors are expressing strong interest in Europe's debt market after Donald Trump's election victory, with recent offerings being significantly oversubscribed.
Intesa Sanpaolo SpA, Societe Generale SA, and Bureau Veritas SA have all received bids exceeding €11.45 billion ($12.35 billion), indicating a robust demand as market activity increases. The surge in orders, which is more than three times the combined size of the deals, shows a renewed confidence among investors in European debt instruments.
This change in market sentiment is a response to the political landscape following the U.S. election.