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Chancellor’s fiscal headroom surprisingly doubles but backloaded consolidation efforts raise concerns
‘All done’ for 2025 as UK Budget and Thanksgiving approach but 'very crowded' January ahead
◆ Pulay highlights 29% rise in investor numbers ◆ UK accounts dominate ◆ Communications strategy seen as key
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
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◆ A 'busy and interesting' session as duration arrives ◆ New issue premium varied by tranche ◆ Longer note likely attracted different investors
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◆ Near-record book of ‘exceptional’ quality ◆ Ten year tenor, fixed income inflows help demand
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Primary market unruffled, but EFSF and EU to test sentiment next week
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German SSA issuers may adopt different strategies for upcoming deals
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Markus Stix explains the sovereign's approach to recent euro syndication
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◆ French government at risk of collapsing, again ◆ 'Roller-coaster ride' but issuer comes out unscathed ◆ Finding a 'good starting point' key