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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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  • Interbank over-the-counter U.S. dollar, Indian rupee forwards, fx swaps and other INR cross currency options will nee to be reported from July 9 to the Clearing Corporation of India’s newly developed trade reporting platform.
  • DBS Bank is issuing six non-principal protected equity-linked structured products that will reference a basket of securities, its second round of transactions this year.
  • Rising hedging costs and declining numbers of eligible counterparties may encourage investors to use natural hedges instead of swaps for some European structured finance deals, according to Fitch Ratings.
  • Uncertainty in European Union is likely to keep global capital markets repressed for another three to five years, according to Andreas Uterman, global cio at Allianz Global Investors.
  • Lyxor Asset Management has rolled out its Lyxor ETF SMARTIX Euro iSTOXX 50 Equal Risk and the Lyxor ETF MSCI World Risk Weighted exchange traded funds.
  • New derivatives regulations may prompt financial institutions to abandon swaps in favor of futures as a way of saving transactions costs.