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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 U.S. Commodity Futures Trading Commission has proposed tougher regulations that cancel previous reporting exemptions for funds, commodity pools and commodity trading advisers.
  • Goldman Sachs Asset Management has launched the Goldman Sachs N-11 Equity Portfolio, which will invest in the so-called ‘next 11,” frontier countries.
  • The London Stock Exchange reported that revenue from its central counterparty operations grew by more than 300% in the last quarter of 2010 thanks largely to investment funds held by Cassa di Compensazione e Garanzia, its Italian clearing business.
  • Powers of the European Securities and Markets Authority to decide which over-the-counter derivatives can be cleared are being trimmed even before the pan-European regulator has had a chance to formerly weigh in on the issue.
  • Australian paper company PaperlinX has reported an AUD17 million (USD16.92 million) valuation loss on a 2.5-year currency option purchased in Dec. 2009, according to a market update from the company.
  • Swaps to hedge the risk that deferred members, or people who have stopped contributing to a pension fund but have not yet retired, will live longer than expected are being tipped to appear in the U.K.