Debt
Carry trade bonanza
Asian governments and quasi-government entities have issued record volumes of debt this year. This, combined with strong currency moves, is fuelling swaps activity in the markets. Can it last? William Rhode reports
Fixed returns?
Banks have reported huge profits this year in fixed income, with swaps desks benefiting from flows off the back of sovereign and corporate debt issuance. Exotic desks, in contrast, have seen a substantial decline in investor interest. Peter Madigan…
Debt dilemma
Refinancing risk
Revolvers misfiring?
Funding risks
Moody's: Basel II fuelling growth in collateralised debt
Basel II was key driver behind over €100 billion of collateralised debt issuance in EMEA.
Delaying the inevitable?
Finance