The deadline for making non-linear products 'SOFR First' is imminent but are dealers - as well as brokers and end-users - ready for the switch?
The IFC's $2bn 5y global this week opens the way to other borrowers to start pricing off SOFR curve. Sources at the SSA discuss the deal.
Total Derivatives is looking for a Senior Journalist to cover the European rates market.
Market participants discuss recent developments in SOFR, BSBY and Ameribor trading. Will the end-users end up with multiple dollar benchmarks?
In a recent conversation with Total Derivatives, Agha Mirza, CME Group Global Head of Rates and OTC Products, discussed its new term SOFR rates.
UK DMO Chief Sir Robert Stheeman discusses plans for higher-than-expected gilt issuance, green bonds and demand for linkers.
Dealers discuss options on Buxl Futures as a hedging tool, liquidity and quoting direct to clients.
UK DMO chief Sir Robert Stheeman discusses the big increase in gilt issuance, RPI reform and linkers.
Buxl options have grown steadily since launch. Market participants discuss pricing and how the buyside uses the product for carry.(Sponsored by Eurex)
With the switch from FFs to SOFR discounting completed, Total Derivatives discusses the way forward with CME's Sunil Cutinho and the ARRC's Tom Wipf.
Total Derivatives speaks to Eurex about the recently launched Buxl options, the role of market makers and the advantages for end-users. (Sponsored)
The multi-million euro question over will-they or won't-they pay swaption compensation is reaching its head.
The Pension Protection Fund has been at the forefront of LDI in the UK. CIO Barry Kenneth discusses the PPF's de-risking and its use of derivatives.
Sources describe a recent call to discuss swaption compensation as contentious.
A contentious euro swaption market issue with large P&L at stake continues to divide dealers and test relationships with clients.
The UK's £50bn BT Pension scheme discusses the challenges of balancing hedging in a crisis with inflation risk and RPI reform.
Dutch pension fund PGB describes how illiquidity in swaps has forced it to use futures and bonds for more of its hedging.
UK DMO CEO Sir Robert Stheeman discusses the coronavirus, gilt issuance and the government's RPI consultation.
The switch from EONIA to €STR discounting threatens to create big windfalls vs losses across EUR interest rate option desks.
Danish pension fund giant ATP talks clearing challenges as it shifts from OTC and advises other European peers to put structures in place now.