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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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  • Credit default swaps on Eurozone countries have widened on fears related to continuing national budget problems in the region.
  • The Depository Trust & Clearing Corp.’s Trade Information Warehouse for over-the-counter credit derivatives is due to be operated by a new regulated entity called the Warehouse Trust Co.
  • RBC Capital Markets has hired a pair of fx salesmen from Commerzbank in New York: Vincent Faust, a director, and Matt Novogratz, a v.p.
  • The soon-to-be created European Supervisory Authority (Securities and Markets) will be responsible for regulating clearing houses under new plans revealed today.
  • A U.S. court has ruled that senior noteholders in a collateralized debt obligation which suffered an event of default are entitled to be paid both principal and interest before any junior investors are entitled to the interest they are owed.
  • Cutwater Asset Management, the newly spun-off asset management subsidiary of MBIA, plans to take over management mandates of bespoke synthetic collateralized debt obligations by the first half of this year.