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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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  • Brian Lai, an onshore China yuan interest rate and fx options trader at JPMorgan in Shanghai, has resigned.
  • Standard Chartered analysts have scaled back their 2012 forecasts for onshore China yuan, with two-way variability more likely than straight appreciation against the U.S. dollar.
  • Sen. Bernie Sanders (I-Vt.) has called on President Barack Obama to replace Gary Gensler as chairman of the U.S. Commodity Futures Trading Commission with a new leader who will work quickly to impose position limits on commodities.
  • Goldman Sachs has hired Moran Baldar to join the index flow derivatives trading team in New York.
  • Matt Reid, director of credit derivatives index trading at BNP Paribas in New York, has left the firm.
  • Firms globally will likely spend more than USD849 million this year on counterparty risk and credit value adjustment management systems, a figure that could rise to $1.116 billion by 2015, according to Celent.