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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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SSAs look increasingly expensive versus government benchmarks, raising the question of when investors will stop buying
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New British Savings Bond will be delivered through National Savings and Investments
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Scarcity value helps CEE sovereign garner large demand for a 10 year deal
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“Pretty much fair value pricing” for triple-A rated sovereign
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Governments may feel they save money with retail issues, but an illiquidity premium looms
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Rating agency cites sharp decline in country's debt-to-GDP ratio