Sovereign bonds are free of capital charges under the Solvency II standard formula. Yet supervisors are encouraging firms to take sovereign credit risk into account in their internal models and Orsas....
High yields and low volatility driving comeback from core-Europe firms
Banca d'Italia proposes to allow its banks to ignore some government bond volatility
In this paper (in English and German), Genscape has analysed Combined Heat and Power or Central Heat and Power (CHP)production in the German market, the challenges it raises for market participants, and the key steps required to address the fundamental lack of transparency in CHP plant production.
More Sovereign bonds articles
Fund manager Stratton Street suggests a better indicator of a government bond’s worth is its net foreign liabilities. It prefers Middle East and Asian sovereigns, particularly China, to US Treasuries
Irish bank capital numbers would filter out unrealised gains and losses on government bonds
Detroit and its dealers have an agreement that could allow the city to exit its swaps at just 75% of fair value, but bond insurers want to see the deal killed off in court. Joe Rennison reports
Fixed income ETF launched at a time of volatility in the Indonesian domestic market
Bank capital numbers will be exposed to swings in the value of huge bond portfolios if a Basel III footnote appears in final US and European rules – and with interest rates still at record lows, the initial swing can only go one way. Lukas Becker reports...
This white paper deals with the implications of the case of NML Capital Ltd v Argentina. Although the decision applies specifically to sovereign debt contracts governed by New York law, it could have an impact on bondholders whose debt is not governed...
Assuming no change at the Federal Reserve’s month-end rate-setting meeting, February will be the fiftieth straight month in which the central bank has held its target rate at 0%. That’s a continuing headache for investors, which has been intensified...
In response to industry fears of a collateral crunch, regulators have revised the proposed rules on margining for uncleared over-the-counter (OTC) derivatives.You can find out more by downloading this white paper here.
Hong Kong, 1st - 31st Dec 2014
Japan, 24th Apr 2014
Japan, 24th Apr 2014
USA, 30th Apr 2014
USA, 8th - 9th May 2014