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CEB plans to print more structured notes and may launch inaugural Sofr bond in 2026
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  • The European Commission has indicated that it may support exempting industrial companies from clearing over-the-counter derivatives.
  • Credit Suisse has replaced the word “guaranteed” with “protected” in the names of the capital-protected deposits it issues in the U.K.
  • Liu Mingkang, chairman of the China Banking Regulatory Commission, said he supports the so-called Volcker rule proposed by U.S. President Barack Obama’s administration, which would bar U.S. commercial banks from proprietary trading.
  • U.S. Senator Judd Gregg (R-N.H.) said earlier today that the final sticking points in an agreement on over-the-counter derivatives reform between himself and Senator Jack Reed (D-R.I.) center on end-user exemptions from clearing and the amount of OTC trades that should go on exchange
  • The European Commission has sent a discussion paper to corporates and treasury associations detailing a series of options it is reviewing on the subject of end-user clearing exemptions.
  • Bank of America and UBS have released 20- and 30-year structured notes this week, eschewing the recent trend of products, which have for the most part, had tenures shorter than 10 years.