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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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Domestic and international investors could find entry points as DMO says it will work 'closely and collaboratively with the market' -
UK sovereign to power ahead with Gilt issuance as IMF forecast puts UK on slowest growth path in the G7 this year
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The government plans to bring a labelled issue every two or three years from now on
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SSA issuers in euros have gone up a gear as Easter break nears
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The sovereign paid a premium in line with recent trades
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Issuers were quick to follow the EU's latest syndication that was 12 times covered
