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Debt repayments from tsunami affected are suspended until IMF and World Bank review

The Australian Financial Markets Association plans to start publishing a fixing rate for foreign exchange options.

Bank of China International is preparing to launch a soft call retail equity-linked note in Hong Kong.

Convertible bond holders are generally short dividend risk.

BNP Paribas is marketing several cross-asset class structured products from its interest rate desk to combine demand for rates with other recent high-profile economic stories, such as oil prices or the fall of the U.S. dollar.

Commerzbank Securities is in the process of winding down its Japanese fixed income and equity derivatives trading books as the operation prepares to close in Tokyo.

Rabobank and Fortis Bank are planning to market structured emissions trades to corporates operating under the E.U. emissions allowances scheme, which launched at the start of the month.

The Financial Accounting Standards Board is looking at ending a treatment of collateralized debt obligations tranches which keeps losses out of income statements.

Implied volatility on the U.S. dollar and yen jumped 55 basis points last week to 10.48%, following calls from Otmar Issing, chief economist at the European Central Bank, for Asian currencies to strengthen in order to ease the U.S. trade deficit.

In spite of strong demand for options on emissions allowances, banks are unable to tap this market because the European countries in the scheme have not finalized allocations of allowances.

Gartmore Investment Management plans to start using credit derivatives in its European bond funds.