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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 Depository Trust & Clearing Corp. has added a feature to its Trade Information Warehouse that shows a daily breakdown of its aggregated credit default swap contracts by their currency of denomination.
  • Morgan Stanley today starting selling two-year notes with embedded digital options referencing a basket comprising the euro against the Korean won, Indonesian rupiah and the Singapore dollar.
  • Sens. Christopher Dodd (D-Conn.) and Richard Shelby (R-Ala.) have reached an agreement on provisions in Dodd’s financial regulation proposal that will pave the way for a vote on an amendment that would prohibit taxpayer-funded bailouts in the future.
  • A federal judge in New York rejected a motion by Socratek to dismiss a lawsuit against it by the International Swaps and Derivatives Association charging the firm allegedly violated its copyright by reselling copies of completed ISDA derivative agreements.
  • Susquehanna Financial Group has hired Dave Wetzstein as a derivatives sales trader.
  • Clearinghouses and inter-dealer brokers are expected to be the biggest beneficiaries of financial reform, according to industry analysts.