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  • New templates have caused an explosion in synthetic CDOs
  • Download this free research guide in PDF format. Contents include: Currency management in a changing landscape; A dialogue on new volatility models; Traders mourn the death of FX volatility.
  • Will the rest of the world pick up where the USA leaves off? Opinions vary totally, but on that question hangs the future of the world economy.
  • With falling returns for hedge funds, it looks as if a trend might be developing for their employees to return to less risky, better remunerated roles in investment banks.
  • European issuers tapping the US capital market are increasingly using the extendible note market. They are driven by a need for liquid markets and relatively low appetite for the regulatory complications involved with 144a SEC registration
  • As recently as May this year, following the two 25 basis point increases of December 2005 and March 2006 that raised the European Central Bank’s main refinancing rate to 2.5%, ECB president Jean-Claude Trichet was speaking of the “still very low levels of nominal and real interest rates across the whole maturity spectrum”.
  • Which firms are the best debt traders and why?
  • Electronic trading offers serious challenges and opportunities to the debt world. Opportunities always occur when there is change but the question that most dealers are asking is whether new market trends and regulations are necessarily good for liquidity.
  • Which firms are the best debt traders and why?
  • “We’ve got samurais, kangaroos and bulldogs – now what we really need is a name for all these bonds coming out of Kazakhstan...”
  • The increased use of ever more powerful computers in the financial markets is having an unexpected effect on Canary Wharf, London’s supposedly modern, high-tech business location.
  • “Another pandemic or a large event risk such as a full-scale ground war, or various nuclear bombs exploding in large cities in any of the three countries would cause a loss for the noteholders”