Europe Bond Sales Top €61 Billion in Record-Breaking Day (2)

Borrowers are set to price more than €61 billion ($71.3 billion) of debt in Europe’s primary market on Wednesday, the largest amount ever raised in a single day as they capitalize on strong market conditions.

At least 28 issuers were selling bonds across 42 tranches on Wednesday, also a record level for individual tranches on sale, according to data compiled by Bloomberg.

Sales in the region have taken off after being delayed by a public holiday in several European countries on Tuesday. That follows a heady pace of borrowing in the US, where over $72 billion in two days marked ...