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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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  • Morgan Stanley was able to slash its net exposure to Italy by 69% late last year by restructuring certain derivatives positions with the country in December in trades that settled last month.
  • Volumes of credit-linked structured products in Finland surged 273% in 2011, while commodity-linked products climbed more than 277%, according to the Finnish
  • Paolo Zannoni, chairman of Goldman Sachs’ investment-banking business in Italy, has been named head of its Russian operations, replacing Chris Barter and Jean Raby, who co-managed the business.
  • Hedge funds are showing interest in topside U.S. dollar/yen options this week as the dollar flirts with all-time lows, sparking speculation that the Bank of Japan will intervene to weaken the yen over the short-term, according to traders.
  • EFG Financial Products has launched a multi-barrier reverse convertible structured product on three oil service company stocks denominated in XAU, the trading unit for gold.
  • Global dealers operating in Indonesia are fretting over a currency law that could force them to settle non-cash over-the-counter derivative transactions in rupiah, sidelining contracts that stipulate other foreign currencies.