Crédit Agricole: demand for Libor notes lingers in Japan

Following the execution of several SOFR swap trades in Asia, SRP spoke to Lilian Darbon (pictured) , head of trading for Apac at Crédit Agricole CIB, about the bank’s progress on the Libor transition in Asian markets and the lasting demand for Libor-linked structured notes in Japan. In a move to capitalise on the accelerated transition to risk-free rates (RFRs) in Asia, Crédit Agricole closed the first USD/CNH cross-currency swap (CCS) against secured overnight financing rat