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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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Agency prints tight in euros as French political trauma eases
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The sovereign went longer and larger than usual
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Issuer reaps rewards of relative value shift
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Sovereign's first Swiss franc deal since 2009 provides strong cost savings
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Sovereign's dual-tranche euro trade pulls in record demand
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◆ Minimal new issue premium paid ◆ Demand still strong towards end of busy January ◆ Another chance for investors to buy green EGBs