Administration Bill Won’t Focus On Naked Swaps

The final draft of proposed derivatives legislation from the Obama administration—due out later this week—is not expected to crack down on naked credit default swaps, positions that are unhedged by the underlying credit.

  • 05 Aug 2009

--Katy Burne

The final draft of proposed derivatives legislation from the Obama administration—due out later this week—is not expected to crack down on naked credit default swaps, positions that are unhedged by the underlying credit. Officials familiar with the discussions say that Treasury Secretary Timothy Geithner is more concerned ...

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All International Bonds

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5 Barclays 231,619.97 897 5.84%

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1 HSBC 35,007.57 165 6.53%
2 Deutsche Bank 34,880.53 120 6.51%
3 Bank of America Merrill Lynch 31,805.65 97 5.93%
4 BNP Paribas 27,920.60 169 5.21%
5 SG Corporate & Investment Banking 24,398.89 138 4.55%

Bookrunners of all EMEA ECM Issuance

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1 JPMorgan 19,745.92 80 8.85%
2 Morgan Stanley 16,334.63 83 7.32%
3 Citi 15,972.34 95 7.16%
4 UBS 15,487.17 60 6.94%
5 Goldman Sachs 14,053.61 76 6.30%