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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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  • Barclays Capital has named Sigurbjorn Thorkelsson as managing director and head of equities for Asia Pacific.
  • Gerald Corrigan, chairman of Goldman Sachs, told European politicians at a public hearing this afternoon that the firm would enter into currency swaps with Greece again, despite recent political furor over the transactions.
  • Equity derivatives strategists at Morgan Stanley are advocating buying six-month puts on the S&P 500 to hedge downside risk, but using knock-ins referencing the price of oil to reduce the cost of the option.
  • European pension funds are increasingly looking to property derivatives and including property derivatives expertise in their search criteria when hiring fund managers.
  • Kenneth Hon, the former head of equity derivatives trading at Citigroup in Hong Kong, is set to land at Deutsche Bank in the same role.
  • Sen. Saxby Chambliss (R-Ga.) has accused the White House as well as Treasury Secretary Timothy Geithner and Gary Gensler, chairman of the Commodity Futures Trading Commission, of playing politics to derail bipartisan derivative legislation.