All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
Derivatives

One Year Ago In Derivatives Week

A proportion of Lehman Brothers-linked mini-bonds could have been saved from unwinding and saddling investors with big losses if the banks had stepped in to replace Lehman as swap counterparty. [The Securities and Futures Commission and the Hong Kong Monetary Authority struck a deal in July with major banks for the lenders to buy back Lehman mini-bonds from retail investors.]

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree