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CEB plans to print more structured notes and may launch inaugural Sofr bond in 2026
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  • The Collins Amendment to the U.S. Dodd-Frank Act could impose higher capital requirements on derivatives than previously thought.
  • UBS has begun marketing a five-year structured note linked to the best performing of three equity portfolios, each comprised of different weightings of three indices.
  • The introduction of a clearing threshold for non-financial users that take derivative positions in the E.U. would be regressive and lead to regulatory arbitrage, according to a submission from the European Association of Corporate Treasurers to the European Commission.
  • South Korea’s Ministry of Strategy and Finance is considering further reducing the amount corporates in the country can hedge on their currency risk
  • The loan market in Europe, Middle East and Africa has improved in the last six months, but not nearly fast enough. The US and Asian markets are growing much more rapidly. Unfortunately for Europe’s loan bankers, this trend could well continue for the rest of 2010.
  • Citigroup has said that it will keep South Korea out of the World Government Bond Index since it needs to make sure the country’s rules of capping holdings of currency forwards, swaps and options won’t stop investors tracking the index’s returns when hedged for foreign-exchange exposure. According to government officials, rules that will limit banks’ use of foreign-exchange derivatives will take effect next week.