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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 trade might not be the sovereign's only one of the year -
Years of credit improvements have given landlocked country a loyal following among EM investors
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Borrowers from both sides of the Atlantic make their second or third appearances this year
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Syndication 'important achievement' for sovereign though greater challenge lies ahead
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Confidence of rate cuts to come as issuers keep printing
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Joint Lander #64 and Eurofima take euros while EBRD goes for sterling
