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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 government plans to issue NZ$20bn more bonds than planned through to 2027
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As a high polluter, the country's green bond framework must be especially robust to have credibility
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Top European borrowers bring competition in crowded market
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EU to lead issuance revival after busy week for central banks and data wonks but no easy road ahead
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QT announcement made earlier and was more aggressive than analysts expected