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‘The beginning of a new market’ aims to help solve Europe’s defence conundrum, but could fragmentation and lack of additionality be problems?
Pan-European stock exchange shares what was behind its recent decision to launch a defence bond label, how could it help both issuers and investors, and what lies ahead
◆ Last deal this year partly to pre-fund for 2026 ◆ Record book, record spread to US Treasuries ◆ Pick-up over top tier peers shrinks
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SSA spreads present the only major hurdle for rampant covered bond revival
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