United States dollar
Central banks’ holdings of US agency debt rise on dollar demand
Fed data show official-sector holdings of US agency securities rose for a 12th straight week; auction for seven-year US Treasury bills displayed growing demand for dollar denominated assets
Wiener Börse launches two fundamental indexes
The Vienna Stock Exchange has launched the CECE Fundamental and the CEETX Fundamental indexes
Korea moves to restrict FX derivatives leverage
Bank of Korea and Ministry of Strategy and Finance cut back leverage caps and limit corporate hedging of currency risks to 100% from 125% of exposure
FX volatility creates headaches for bond investors
Investors shift allocations to US dollar products as euro sinks.
Product performance
Comparing principal-protected, accelerated growth and reverse convertible products with September 2009 strike dates
Euro should not covet reserve role
Panellists in a new CentralBanking.com web seminar say becoming a reserve currency would hamper recovery
Now you PRDC them...
Power-reverse dual-currency notes have represented something of a Trojan horse for dealers. The hybrid structures have been popular for more than a decade among a wide range of Japanese investors, from regional banks to pension funds. But now the strain…
Interest rates call
HSBC is offering US investors a 10-year investment in interest rates that pays 7% in year one and potentially as much in following years. The product is wrapped in a certificate of deposit, but investors may lose out if HSBC exercises its call at five…
Strain persists on interbank lending
Instability in the interbank lending markets continued today, despite the approval of the revised $700 billion bailout legislation by the US Senate.