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Asiamoney PLUS highlights the latest job changes from across the fixed income and financial markets.

European officials have hit upon a new idea for curing the eurozone’s economic ills: loans as rewards for countries hitting certain targets in economic reforms. But with the introduction of a permanent bailout borrower in the form of the European Stability Mechanism, and an active central bank, the eurozone doesn’t need yet another form of financial assistance.

The Scottish government’s plan to keep sterling as its currency if the country votes for independence shows a shocking naivety about how the potential new sovereign will be able to access the capital markets.

China’s Sinopec has given the Asia loans market a breath of fresh air by taking its $2.5bn deal into general, after recent months saw a spate of blue-chip names opt for large clubs. The syndicated market is far from dead — but if Asian banks want to stay in the game, the region’s loans need more syndication.

China’s Sinopec has given the Asia loans market a breath of fresh air by taking its $2.5bn deal into general, after recent months saw a spate of blue-chip names opt for large clubs. The syndicated market is far from dead — but if Asian banks want to stay in the game, the region’s loans need more syndication.

—Richard McVey, chairman and ceo of MarketAxess, on how regulatory requirements for buysiders in regard to bunched orders is deterring some investors from trading on swap execution facilities.

Wayne Luthringshausen has been atop the listed options business for over 40 years. Ahead of bowing out as chairman and chief executive of Options Clearing Corp. at year-end, he sat down with Executive Editor Peter Thompson to outline OCC plans for growth—including its investigation of over-the-counter option clearing—and take stock on the key themes that have shaped the market through his career.

My musings last week on awards pitches obviously hit home and many of you have got in touch to "congratulate" me for exposing your most treasured business-speak. But I guess I should have gone further with my warnings.

Asiamoney PLUS highlights the latest job changes from across the fixed income and financial markets.

Sweden's finance minister, Anders Borg may want the country's banks to rely less upon the covered bond market and more upon growing their own deposit bases, but if Swedish banks were to abandon a market that has served them so well for so long, it could do more harm than good.

Electricité de France was set to start the green bond craze among corporate issuers with an expected benchmark deal this week. Vasakronan got there first, with a deal yesterday, and was joined by Bank of America. The green bond market has unmistakably arrived. But it will only have real economic value — and therefore value for the environment — when deals start to price tighter than the issuer’s ordinary debt.

Expectations were low for China’s third plenum to come up with any concrete and meaningful reforms to the country's economy. But the 200-plus members of the Communist party’s central committee have surprised everyone with the depth and breadth of their plans which have the potential to turn China into a free market economy.