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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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  • Bank of China has launched a retail equity linked deposit program in Hong Kong, according to offer documents filed with the Securities and Futures Commission.
  • Credit Suisse has begun marketing so-called LastLook outperformance bonus certificates with a deep barrier level of 25%, the deepest barrier in an outperformance structure for the European structured product market, rival structurers say.
  • Société Générale has hired Alan Mittleman to be its head of fixed income trading, including swaps, for the U.S. based in New York.
  • Credit Suisse says it has been finding takers for its CSAVI-FX tail risk hedging strategy. Since its rollout five months ago, insurance companies, hedge funds and private high net-worth individuals have bought into the strategy.
  • Chesapeake Energy recorded a first-quarter loss of USD205 million after marking down the value of derivative contracts by USD725 million.
  • The IntercontinentalExchange has entered into an arrangement with rival CME Group to use its ICE Link straight-through processing software to facilitate credit default swaps clearing through CME.