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Pan-European stock exchange shares what was behind its recent decision to launch a defence bond label, how it may help both issuers and investors, and what lies ahead
◆ Gilts yields choppy amid PM leadership rumours ◆ Crossover of accounts drawn to linker trade ◆ 'Super strong trade' says lead manager
The trade was a little smaller than last year's debut, but has another social label
Sovereign prices flat to euro curve and 'well in line' with peers despite being less frequent in the currency
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New issues pipeline quiet, mid-August restart eyed
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Baden-Württemberg set to price FRN on Tuesday in so far quiet primary market
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The usual supply slowdown moves fast into sight but issuance windows remain open for next two weeks
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Price advantage and strong treasury demand brings borrowers back for more
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US fiscal woes across keep investors on edge as sensitivity to public debt grows
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Sustainability-linked bonds are the market’s best megaphone