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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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Retail bid to the rescue as central bank bows out -
Underlying public sector net debt to peak at 93.2% of GDP in 2026-2027
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Poland has raised over $10bn on international markets this year
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Tumbling inflation boosts duration bid as issuer catches record 248 orders
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Sovereign gets second largest book ever despite political hubbub
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Issuers take every opportunity to print as market turns tougher
