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◆ 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
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New contracts cannot yet be traded in US
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  • The internationalisation of China’s capital markets, dollar/offshore renminbi currency volatility and northbound investment on the Shanghai-Hong Kong Stock Connect programme are driving more trading in renminbi currency futures, according to Hong Kong exchanges and Clearing Limited.
  • The European Securities and Markets Authority (ESMA) is centralising trade data submissions from trade repositories and trading venues via European national competent authorities, facilitating data harmonisation, transparency and access.
  • As the UK general election nears, investors appear to be taking a more cautious approach to equities.
  • Demand for principle-at-risk products has created a growth opportunity in structured products, but the industry needs education to evolve, according to panellists at the SPA-2015 Structured Investments conference in New York.
  • A central counterparty stress test framework proposed by LCH.Clearnet assesses risk impacts in several adaptive scenarios under the cover 2 requirement and a default auctioning protocol.
  • Lufthansa is one of several airline credits to have seen its CDS spreads tighten in line with the falling oil price. But a plane crash at one of its subsidiaries last week has led to investors focusing on the German firm, and the scrutiny is inevitably negative.