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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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  • Alex Loosely, head of structured credit sales to Scandinavia at Goldman Sachs in London, left the firm two weeks ago.
  • HSBC and others were buying billions in sterling puts against the U.S. dollar last week.
  • Amias Berman & Co., the fixed income advisory, origination and brokerage, is close to scoring a license from the U.S. Securities and Exchange Commission that will allow it to do business with U.S clients using an onshore broker’s license.
  • Goldman Sachs credit strategists said proposed higher bank capital requirements could have a negative impact on synthetic collateralized debt obligations.
  • Michael Dunn, a commissioner of the Commodity Futures Trading Commission, said he opposes a Senate proposal that would exempt certain over-the-counter derivatives from clearing.
  • Credit default swaps on American International Group tightened to their lowest level since before the federal government bailed out the insurer some 18 months ago.