Tag: Libor
UK regulators promote Sonia in structured products Libor shift
Europe | Regulations & Legal
25 May 2021 by Pablo Conde
The Working Group on Sterling Risk-Free Reference Rates’ paper on the transition of structured notes away from GBP Libor provides practical steps for market participants seeking to transition notes with a derivative component.
JPM issuance vehicle posts 2020 profit, monitors Libor fallbacks
International | Products
25 May 2021 by SRP News
The Dutch domiciled issuance vehicle for structured products reports an 80% increase in fee and commission income for 2020.
Crypto news: Swiss banks launch Libor-like crypto benchmark
International | Industry
13 Apr 2021 by SRP News
Four Swiss banks, Vontobel, Swissquote, and digital banks Sygnum and Seba Bank have joined forces with Swisscom to work on a feasibility study on bankable reference prices in the digital world and jointly launched the Swiss Institutional Digital Asset Reference Rate (Sidar).
LSEG chief Schwimmer weighs Libor transition and Brexit
Europe | Industry
18 Mar 2021 by Luke Jeffs - Global Investor Group
David Schwimmer (pictured) may have spent most of the past three years focused on the $27bn (£19.4bn) acquisition of data and tech firm Refinitiv but the LSE Group chief executive has also been forced to track secular trends reshaping the markets in which the UK group operates.
Isda fallbacks ‘problematic’ for range accruals
International | Regulations & Legal
01 Feb 2021 by SRP News
New fallbacks for derivatives linked to key interbank offered rates (Ibors) came into effect on 25 January 2021.
Top underlyings Apac: Chinese tech companies’ H shares take the lead
Asia Pacific | Products
16 Dec 2020 by Summer Wang
There’s been a significant shift in the underlying assets used in Asia Pacific year-to-date (YTD) compared to 2019: single stocks have taken over index baskets as most popular underlyings, featuring Meituan Dianping, Alibaba and Xiaomi. The USD 3M Libor does not appear.
SPDR Gold Shares returns to China after three-year gap
Asia Pacific | Products
26 Nov 2020 by Lavanya Nair
As the Chinese market aligns with new regulatory requirements which have impacted issuance and sales, we look at the most popular underlyings over the last 12 months
Libor transition: has credit sensitivity lost its value?
North America | Regulations & Legal
17 Nov 2020 by Lavanya Nair
The impending transition away from the widely adopted Libor has raised concerns about the suitability of its replacement, SOFR, how significant the value transfer will be and what structured product investors might have to look out for in the coming year.
Speedbumps ahead for Libor transition: is SOFR fit for purpose?
International | Regulations & Legal
28 Jul 2020 by Lavanya Nair
The US Federal Financial Institutions Examination Council (FFIEC) has warned of potential risks ahead as the market transitions away from the London Interbank Offered Rate (Libor) benchmark to the Secured Overnight Financing Rate (SOFR) by December 2021.