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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 International Swaps and Derivatives Association has published a list of 14 dealers scheduled to participate in the auction set for March 19 to settle credit default swaps referencing Greek sovereign debt.
  • Global regulators are likely to meet clearing requirements by year end for interest-rate swaps and credit derivatives, but are on track to miss the deadline for measures governing central clearing of fx derivatives, according to experts.
  • Corporate issuers that access capital through the leveraged loan market and collateralized loan obligations could face “staggering” consequences depending on how the proposed Volcker Rule in the Dodd-Frank Act is interpreted or implemented, according to Fitch Ratings. .
  • Barclays Capital is said to have reduced its investment-banking staff in Asia by 13 in recent weeks because of a slowdown in deal making in the last few months of 2011.
  • Citigroup has named Rodney Tsang and Roger Zhu as co-heads of corporate and investment banking in China.
  • CME Group has pulled its application from the U.S. Commodity Futures Trading Commission to be a registered derivatives clearing organization in Europe.