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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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UK achieves second largest order book ever for linker sale -
Sovereign gets four times subscription in 'volatile' conditions on same day as EU
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Baden-Württemberg adds to swollen Länder supply with rare floater
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Long-dated bonds to be tapped and issued, Greece mounts tender offer
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Investors pile in as preliminary inflation data shows decline in core CPI
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The sovereign issuer’s track record of resilience in the face of market shocks suggest the country’s most recent round of problems is unlikely to be too impactful
