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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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  • Investors in Asia are feverishly trying new ways to take advantage of expected appreciation of the Chinese yuan.
  • Asian fund of funds manager, Gen2Partners, is widening the investing mandate of its flagship Explorers Fund.
  • Crédit Agricole Corporate & Investment Banking, formerly known as Calyon, has hired Dan Polidano as an options trader focusing on Commonwealth currencies.
  • The Senate Permanent Subcommittee on Investigations released e-mails that appear to reveal the view of at least one top executive of Goldman Sachs regarding collateralized debt obligations the firm sold.
  • Federal Reserve staffers tried to have deleted from the proposed Senate financial reform legislation a provision that would have required banks to spin-off derivative operations.
  • Gary Gensler, chairman of the Commodity Futures Trading Commission, would not comment on whether he supports a financial reform measure that would require banks to spin-off their derivative trading.