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◆ Public sector issuers embrace hedge fund bid... ◆ ... as they flex in the swap market ◆ Car makers welcomed back to bond market
CEB plans to print more structured notes and may launch inaugural Sofr bond in 2026
SSA
New contracts cannot yet be traded in US
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  • UniCredit is facing court action in relation to the sale of derivatives products sold to a local administration.
  • The Corporations Legislation Amendment (Derivative Transactions) Bill 2012 has been passed by the Australian Parliament.
  • Investors increasingly prefer structured notes which are linked to exchange-traded funds rather than the benchmarks themselves, as total assets in exchange-traded products surpassed USD1.8 trillion for the year through October.
  • The Korean government has warned that is prepared to take action against the appreciation in the won, including curbing derivatives.
  • CME Group has been approved by the U.S. Commodity Futures Trading Commission to run a new type of data warehouse for information on interest rate, credit and other swaps, required under U.S. financial reform rules.
  • JPMorgan is advising investors to position for a potential weakening of the Japanese yen against the Korean won by buying three-month one-touches on the cross.