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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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  • Chris Craig-Wood, the former head of equity index trading at Deutsche Bank in London, has landed at UBS as head of flow trading for Asia based in Hong Kong.
  • Five-year credit default swaps on Greece pulled in this morning by 375 basis points, after the E.U. announced a EUR750 billion (USD969 billion) lifeline and the European Central Bank pledged to purchase European government bonds in an attempt to stem contagion in the region.
  • Sajid Javid, a former head of global credit trading for Asia ex-Japan at Deutsche Bank, has become a Member of Parliament in Britain after winning the seat of Bromsgrove near Birminham as the Conservative party candidate.
  • Achintya Mangla has been hired by Bank of America to run South East Asia equity capital markets and equity-linked solutions for Asia Pacific.
  • Attorneys representing Goldman Sachs met with the U.S. Securities Exchange Commission earlier this week about settling the fraud charges brought against the investment bank.
  • The chairman of the U.S. Commodity Futures Trading Commission has called on the senators working on financial reform to delete a provision that would give derivatives and securities clearinghouses access to emergency funding from the Federal Reserve.