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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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Positive rates lures SSAs to short-term funding
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The sovereign has no plans to issue ESG bonds or in new currencies
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Front-loading pushes up volumes but no respite for SSA issuers as volatility flashpoints loom in huge funding year
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Certification shows transition investments in tough sectors can be green
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Primary activity is set to ease into next week as Lunar New Year holidays take place
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Belgium next with second syndication of the year