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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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  • Fitch Ratings predicted there will be a decline in issuance of European high-yield corporate bonds in 2012, following what is expected to be a record year with EUR45 billion (USD60 billion) issued so far.
  • BMO Capital Markets and RBC Capital Markets topped Greenwich Associates’ Canadian investment-banking survey with market penetration.
  • Depository Trust & Clearing Corp. expects its new trade repository for the fx market to live by mid-2012.
  • Investors favored fixed-income products over equity-based exchange-traded products last month to obtain steadier returns and avoid the recent volatility in the stock market, according to BlackRock.
  • Lyxor International Asset Management has announced plans to delist 12 synthetic exchange-traded funds from Hong Kong after considering the current level of assets under management and trading volume in the region.
  • JPM Morgan Chase has bought or and sold notional credit derivatives on an estimated USD100 billion of sovereign and non-sovereign debt in Greece, Italy, Ireland, Portugal and Spain, according to CEO Jamie Dimon.