Swaps - BASIS SWAPS
Basis: Cable move led by 7y; Supply prospects; Huarong
Price action in cross currency basis today has seen the cable curve head lower, while EUR/USD is pretty flat despite EUR supply.
ISDA confirms median estimate and 5y lookback for LIBOR f...
ISDA has confirmed that it will use a median estimate and a 5y lookback for LIBOR derivative fallbacks.
Basis Swaps: EUR/USD focus shifts to belly
EUR issuers looking to swap to other currencies have shifted their gaze from the 12y sector, re-focusing on the belly.
Basis: EUR issuance booms; Cross-market warms up
A busy day of new issuance after the slight lull for holidays yesterday saw the cross-currency basis swap market active again.
Basis Swaps: Apple’s herring rouge; Post-BT bounce
A day of hefty, but less-frantic-than-earlier-in-the-week, EUR issuance activity saw Apple in the spotlight with a sizeable issue.
Basis: China blockbuster! But why? Busy EUR
The busiest day for EUR issuance since September saw the EUR/USD basis swaps curve find itself under downwards pressure in the morning.
EUR New issue pipeline: SEB, DZ, RBS, Colgate-Palmolive
A range of issuers lining up euro deals this week included SEB, DZ, RBS and Colgate-Palmolive.
Asia-Pacific MTNs: Kangas; Equity linked Uridashis
Listing of non-government issued bonds from the Asia Pacific markets over the past week.
Basis: 30y, 10y EUR/USD flows; Clearing talk
Traders reported good 10y and 30y EUR/USD flow this morning, while elsewhere they were sceptical about Eurex's clearing breakthrough.
EUR New Issue Pipeline: BPCE and Daimler; China eyes mult...
Expected to price today are BPCE and Daimler. China has mandated banks for a EUR multi-tranche bond deal.