The European bond market breaks a week-long freeze as Baker Hughes leads high-profile companies returning to the financing stage.

Golden Ten Data reported on March 5 that borrowers, including Baker Hughes, are initiating the first batch of high-grade corporate bond transactions in Europe in a week. Previously, market activity had experienced several days of near stagnation due to the Middle East conflict, but is now gradually recovering. According to sources, four non-financial institution borrowers are seeking to issue euro-denominated bonds on Thursday, led by Baker Hughes' four-part issuance plan. Data shows that this is the first issuance of high-grade corporate bonds since February 26. As the US-Israel war against Iran enters its sixth day, global markets continue to fluctuate, and the bond market is tentatively resuming activity. Over the past three days, the region has seen just over 11 billions euros (approximately 12.8 billions US dollars) in syndicated sales, far below normal expectations, and mainly from extremely safe supranational and government-backed issuers. Given that the war is ongoing and the overall environment remains fragile, whether this sales rebound can be sustained remains to be seen. A survey conducted before the outbreak of the conflict indicated that once market conditions improve, a large number of pending transactions will flood the market.