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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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Bigger, more frequent issuance predicted to follow CEE issuer's inaugural deal
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Government bond spreads could continue to tighten versus core and semi-core peers
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Action comes on top of bond misreporting scandal and investigation of alleged malpractice
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Strong domestic demand keeps pricing tight despite interest rate uncertainty
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Sovereign wins record-breaking order book in first syndication since election
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'Business as usual' for the sovereign's debt-raising despite change of government