Interest rate swaps
South Korea to set guidelines to speed up switch to new interest rate swaps benchmark: sources
SOUTH Korea plans to announce guidelines to encourage the use of an alternative benchmark in its US$4.3 trillion interest rate swap market and replace Certificate of Deposit (CD) rates that currently ...
US interest rate swap market embraces new rate as Libor deadline nears
New trades in the enormous US dollar interest rate swap market have almost entirely stopped using the London Interbank Offered Rate (Libor) as the deadline for its demise approaches.
Rate swap connect between China and Hong Kong to begin on May 15
MUTUAL access to interest rate swap markets between Hong Kong and mainland China will commence on May 15, the Hong Kong Monetary Authority (HKMA) said on Friday (May 5).
Traders see under 50% chance of half-point hike by ECB this week
Traders trimmed the odds of a half-point hike by the European Central Bank later this week to under 50 per cent, with the prospect of further monetary tightening fading rapidly across the world after ...
LCH forges ahead with Asia expansion, shifts regional head to Singapore
The global group sees rise in clearing demand, with Phase 5 of the global uncleared margin rules - designed to curb systemic risk - coming into effect in September
OCBC executes sustainability-linked interest rate swap with Far East H-Reit
OCBC on Wednesday said it executed a sustainability-linked interest rate swap with Far East Hospitality Real Estate Investment Trust (Far East H-Reit), which is part of Far East Hospitality Trust (FEH...
Eurex senses Brexit momentum in euro clearing battle with London
[LONDON] Brexit and other tailwinds will help Frankfurt build stronger momentum this year to attract more euro clearing from London without the need for extra customer sweeteners, a senior Deutsche Bo...
Debt market distortions go global
Across developed markets, the conventional relationship between government debt and other assets has been turned upside down
Banks must face class action over interest rate swaps: US judge
A US judge on Friday said investors may pursue part of their nationwide antitrust lawsuit accusing 12 of the world's biggest banks of conspiring to rig the US$275 trillion market for interest rate swa...
London's LCH dominates interest-rate swap market
But Continental Europe thinks the clearinghouse is located on the wrong side of the English Channel
