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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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Well-funded SSA issuers take their time, but weak secondary performance worries bankers -
The country aims to raise €1.5bn in funding on international debt markets this year
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DMO set to encourage retail bid as chief warns culture shift will take time
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Two syndications have landed the sovereign €16bn with just one more trade left to do
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Books had grown since a ‘little underwhelming’ figure released at revised guidance
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Sovereign's largest ever new issue received positively, despite issuer's many credit challenges
