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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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  • Jason Murray is leaving as head of capital markets for Australia at Bank of America Merrill Lynch after five years to become finance director and cfo at London-based Sirius Minerals.
  • Some structured products will need to be traded away from electronic platforms as not all can be placed into a click and trade model, George Von Wattenwyl, global head of advisory and distribution for financial products at Bank Vontobel, told delegates at the 9th annual StructuredRetailProducts.com conference today in London.
  • The International Swaps & Derivatives Association is recommending that the European Commission either amend or delete two sections of the Markets in Financial Instruments Regulation that concern electronic trading and price sharing.
  • Australian hedge funds are facing a raft of disclosure requirements forcing them to detail derivative and structured product investment strategies before marketing new funds to retail investors.
  • Standard & Poor’s Reporting Services has released its synthetic tranche recovery metrics—an analytic model designed for credit-default swap investors to determine the potential notional value of a loss in the event of a default.
  • Barclays Capital has been ranked first in the global market for retail structured products by Greenwich Associates.