
Interest rate derivatives house of the year
Asia Risk Awards 2002

The overarching theme of the past year for Asia’s interest rate derivatives desks has been yield enhancement. With interest rates anchored at low levels, the focus for banks has been on creating enhanced returns for the region’s yield starved investors. The past year has been characterised by a handful of leading banks steaming in to take advantage of anomalies in domestic yield curves to create new structures, before disappearing almost as fast as they had arrived as the anomalies
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