Structured Notes >>>
Check out the first two pages of the newsletter this week: Euro Stoxx 50 notes were snapped up last month by U.S. investors. Inside the full version: BX Berne scraps a plan to go head to head with Scoach in trading of structured products and Edward Rogers talks about demand for notes in Japan.
Here’s our page 1 for the newsletter this week: Banks trying to meet stricter Basel rules on capital holdings are moving structured note sales off their balance sheets. Also inside the full version: why South Korea is displacing Hong Kong and Singapore as an Asian leader in note sales, and details from an SEC letter [...]
Libor-tied note sales surge in February in the U.S. on the strength of a $250 million offering from Morgan Stanley. Check out our front page this week.
Here’s our page 1 this week for Structured Notes — Morgan Stanley is the No. 1 issuer in the U.S. for the first time since August 2011, Incapital sues employees they say resigned after stealing proprietary secrets, and Swapnil Pawar talks about why he’s bullish on the India market.
Will there be a “great rotation” out of credit into equity, and how will that play out in the structured note industry? Our lead story this week is on our front page, which you can view here.
Interest rate-linked structured notes, which had their worst month for sales in December in almost 12 years, are making a comeback with investors seeking higher returns as corporate bond yields near record lows. Click here to continue reading.
Distortions between bonds and derivatives that BNP Paribas SA and JPMorgan Chase & Co. say will be a feature of European markets in 2013 helped push sales of credit-linked structured notes to a four-year high last year. Click here to continue reading.
Deutsche Bank AG and Natixis are selling more structured notes tied to carbon permits, or emission allowances, as the market is more than twice as volatile this year as the Euro Stoxx 50 Index. Click here to continue reading.
Investors are turning to secondary markets to buy notes that pay fixed interest rates before switching over to a floating benchmark, as securities issued more than a year ago offer better terms than new issuance. First-time sales in the U.S. of fixedto-floating rate securities were $29.1 million in November, according to data compiled by Bloomberg. That’s less [...]