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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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Lunar New Year celebrations and Federal Reserve and ECB meetings will reduce issuance this week
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Market looks beyond Asia holiday for uptick in issuance with dollar duration tipped
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'One can definitely see the attraction to investors,' says issuer
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DMO has two more syndications left for this financial year
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◆ Gigantic book for Spain ◆ Finland also soared on demand ◆ Austria or Germany next?
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◆ Sovereign sells €10bn bond into record demand ◆ First syndication since last year’s political woes ◆ 'Strong demand for French bonds and trust from investors,' says issuer