【明報專訊】This year's iBond, an inflation-indexed bond, will become available for subscription next month. Though the government will increase the issuance size, market participants are optimistic about its reception. This highlights many investors' and citizens' concern about the risk of rising global inflation. Recently, Brazil has been under the pressure of stagflation, and in the shadow of recession, its central bank has had to raise interest rates to curb inflation, which is a warning signal to the world.