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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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  • ING Group has announced that it is slashing executive bonuses up to 71% and total compensation up to 56%.
  • CME Group is planning to expand its clearing services within CME ClearPort to cater to interest rate swaps sometime in the second quarter.
  • Josh Cohn, a partner at Allen & Overy in New York, has joined Mayer Brown as a partner and leader of the U.S. derivatives and structured products practice.
  • Philippe Hatstadt, head of Barclays Capital’s longevity derivatives desk in New York, has left the firm.
  • The U.K. Financial Services Authority and H.M. Treasury want to extend the Market Abuse Directive to cover credit default swaps.
  • Primus Guaranty is working on a successor to its Primus Financial Products unit that could see the parent acquire a regulated bank or insurer through which it would sell protection in the form of financial guarantee insurance.