Ireland stars as bond sales reach €108 billion in a record week for Europe

European bond sales have already hit a record this week at more than €108 billion ($118 billion), and there’s still two days of issuance to go.

Mandates have continued to trickle in for further sales that are likely to surface on Thursday and Friday, including a €3 billion deal from the Republic of Ireland.

More than half of this week’s sales in the primary market, equivalent to €65 billion, have come from public sector borrowers ...