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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 sovereign attracted a large book after record-breaking deals from peers -
Demand for its new 10 year trade finished above €137bn
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The 10 year bond is the country's first new issue for more than 12 months
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Italy takes €15bn from dual tranche sale as bankers advise borrowers to keep going
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Estonia prices too tightly for most emerging market investors to take part
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The trade is the most raised by an EM sovereign in one day in nearly four years
