Pre-migration untagged articles

Dealers of private EMTNs: Non-syndicated deals for less than $250m excluding financial repackaged SPVs, self-led deals and issues with a term of less than 365 days.

Société Anonyme de Gestion de Stocks de Securité (Sagess), the French strategic oil reserve agency, made its debut in the Swiss franc market on Thursday, pricing just before the Swiss National Bank caught the market on the hop with a surprise 1% cut to its base rate.

Corporate borrowers desperate to obtain funding over the end of the year are being forced to pay increasingly high spreads in the European commercial paper market.

Deutsche Bank is to cut 900 people across it global markets division before the end of the year, with its operations in London and New York expected to bear the brunt of the job losses.

The covered bond market could only look on as the SSA, government guaranteed and corporate bond markets boomed this week, with only Dexia Municipal Agency providing any activity through a Eu125m tap.

The credit default market ended yesterday in full meltdown mode after US lawmakers postponed voting on an automaker rescue plan, demolishing earlier optimism that a bipartisan bailout package was on the cards.

A central bank investor late this week snapped up more than $2bn worth of $300m MTNs from a selection of SSA and triple-A rated issuers.

Citi announced on Monday that it is axing 52,000 from its workforce, leaving it with 300,000 employees globally.

Euroclear will acquire Xtrakter, the capital market division services of ICMA and its trade matching and regulatory reporting system, under an agreement unveiled this week.

The UK’s Financial Services Authority laid out best practice guidelines for handling market rumours this week. The FSA also clarified how credit default swaps fit into the Market Abuse Directive regime.