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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
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New contracts cannot yet be traded in US
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  • The Singapore Exchange said it will launch MSCI Indonesia Index Futures June 11, which the SGX claims is the world’s first offshore Indonesian equity futures
  • The Depository Trust & Clearing Corp. is in talks with several Asian countries to consider agreements similar to one being discussed with Taiwan to coordinate reporting of over-the-counter trades to avoid double reporting.
  • Shyam Parekh has left as head of financial institutions group for Europe, the Middle East and Africa at Morgan Stanley, and is expected to join PEAK6 Advisors.
  • Derivatives analytics provider FINCAD has expanded coverage of its Hedge Accounting Insight service to include commodities, interest rates, and fx Click here to read the release from FINCAD
  • The city of Milan, Italy, may have violated securities law on how municipalities may use derivatives to manage debt, according to testimony by Francesco Corielli, a finance professor, at the trial of the four banks charged with allegedly misleading the city in selling the interest-rate swaps.
  • More than 75% of synthetic European-listed exchange-traded funds are at significant risk of closing because they have failed to attract enough investors to meet the USD30 million threshold needed for long-term viability, according to Rick Genoni, global head of ETFs at Vanguard.