Tag: Libor
UK Market Review, November 2019: debut for ESG index
Europe | Market Reviews
20 Dec 2019 by Velina Bulanova
Twenty-five products with estimated sales of £52m were added to the UK database in November. Some 37 products struck during the month while 33 products either matured naturally, or autocalled.
The last of Libor: beyond structured products
International | Features
26 Nov 2019 by Pablo Conde
In the third part of our coverage of the Libor transition, Alexandre Bon (pictured), group co-head Libor & benchmark reform at Murex goes beyond structured products to talk about the state of play in the derivatives market and the pitfalls in relation to the transition.
End of Libor: fallback provisions will be key for a smooth transition
International | Features
25 Nov 2019 by Pablo Conde
On Friday, November 22, the UK FCA said moving away from Libor altogether is likely to be the best way of avoiding Libor risks. But that doesn’t mean banks will stop supplying the data to calculate the benchmark.
End of Libor: US$50 billion worth of structured products waiting for the switch
International | Industry
22 Nov 2019 by Pablo Conde
The global financial industry is rallying in anticipation of the Libor transition which will send shockwaves to the market as the benchmark underpins more than US$350 trillion of mortgages, loans and derivatives around the world.
Chinese investors propel USD 3-month Libor to top spot in H1
International | Products
20 Aug 2019 by Jihye Hwang
The USD three-month Libor topped the underlying list in the first half of this year as products linked to the interest rate raised the largest sales volume. The majority of the products were structured deposits sold in China.
China’s three-month Libor linked deposits best-sellers in H1
International | Products
12 Aug 2019 by Jihye Hwang
Only one product sold outside of Asia made it to the global top 10 best-selling structured products list for the first six months of this year, while eight of them were issued in China.
Libor reform: Infrastructure to support new products is vital
Europe | Industry
04 Jul 2019 by Marc Wolterink
International regulators have been calling for alternative risk-free rates to replace interbank offered rates (Ibors). Such a transition is particularly urgent in the jurisdictions where the relevant Ibor will likely be discontinued.
Citi debuts first US bank-backed ESG trade involving a structured product
International | Products
25 Mar 2019 by Pablo Conde
Citi has issued and traded its inaugural structured green bond, a private placement that will be distributed by UBS Global Wealth Management. This is also the first ESG trade involving a structured product carried out by a US bank.
Isda approves fallback rates as Ibor benchmarks phase out
International | Regulations & Legal
27 Nov 2018 by SRP News
The International Swaps and Derivatives Association (Isda) has today published a statement summarizing the preliminary results of a consultation on technical issues related to new benchmark fallbacks for derivatives contracts that reference certain interbank offered rates (Ibors).