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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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An €800bn defence package was unveiled ahead Thursday's special defence summit -
Scope warns country is ‘heading towards difficult budgetary trade-offs’ with increased defence spending
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Market fed more information on Germany's defence and infrastructure spending
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Swap spreads test new tights on fiscal expansion concerns as issuers turn to dollars
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Sovereign expected to pass its first rating test in 2025 with four more to come before early April
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Backers believe new international bank for Nato members could be established fast and make long term loans to governments and companies
