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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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The European Investment Bank and Greece are prepping trades
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Finland will also be in the market as a trio of other SSAs ready fresh bonds in core currencies
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Treasury chooses internal expert after competitive recruitment process
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Bukele 'dares investors not to believe him' with eye-watering yield and step-up coupon linked to IMF programme
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Issuer avoided picking a window to print a deal in May
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One month marketing period begins on Thursday ahead of a 10 year issuance