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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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Investors pile $6.1bn into rare print
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New July 2054 attracts one of the sovereign’s largest order books, according to lead
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The sovereign has nearly €10bn to raise on the public and private markets this year
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Appetite for 30-year strong as LatAm’s largest sovereign notches its biggest new money trade
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Steady fundamentals and technical support means there will be demand, said investors
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‘Solid’ first 2024 syndication despite wider secondary curve