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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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  • The Federation Internationale de Football Association’s World Cup has a history of inspiring the creation of structured products, according to Richard Jory, the editor of Structured Products Magazine.
  • New York Times columnist Gretchen Morgenson has exposed what she says is the failure of 100% principal protected notes to live up to their billing.
  • Barclays Capital continued the expansion of its U.S. fx sales team in New York this week with the hires of Mike Testa as head of real money fx sales for the Americas and Marlena Demenus as a director in sales focusing on banks and commodity trading advisors, with plans for additional hires throughout the year.
  • As exchange-traded funds gain popularity and liquidity, they are becoming increasingly attractive to structured product issuers because they’re simpler to use than indexes as underlyings.
  • Wade Newmark, the former head of derivatives at ABN AMRO and Abbey National, has joined StormHarbour Partners in a new role.
  • UBS has structured a number of equity-linked retail structures bound for the Taiwanese market, according to market observers.