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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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Deal came on same day as EU, but leads pointed to health of market after uncertain week
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Ireland debt management office hopes upgrade will bring in new investors
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'Well flagged' EU sale and new green Bund to signpost investor sentiment
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Issuers are warned they now have to pay up as the ECB's 'backstop' is no more
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Sovereign achieves greenium in scarcely supplied sub-10 year sector but bankers said longer tranche looked expensive
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There is 'something for everyone' as pace of issuance accelerates