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Asian buyers driving callable SSA market have resurfaced in public benchmark deals
◆ 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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  • The five Swedish banks responsible for the Stockholm interbank offered rate are stepping up efforts to improve the way it is set to enhance its credibility following the crisis involving the manipulation of the London interbank offered rate and its equivalents around the world.
  • A slowdown in global capital markets activity and weakness in equity and fixed income markets in the second quarter have taken their total on the largest U.S. banks, according to Fitch Ratings.
  • OCC reported a 12% decline in cleared contract volume in July from a year earlier, and a 7% drop year-on-year, while securities lending volume rose 19% last month from July 2011.
  • Credit Suisse has named investment banker David DeNunzio as global chairman of mergers and acquisitions.
  • 3i Group has announced a strategic transaction with WCAS Fraser Sullivan Investment Management to establish debt management platform in the U.S.
  • Markit has announced that its Portfolio Valuations service has enhanced its overnight indexed swap discounting methodologies to allow for more accurate valuations of collateralized and uncollateralized trades.