
Inflation derivatives house of the year: HSBC
Risk Awards 2015: UK bank married giant linker role with pension fund re-hedge

With dealers spending more time restructuring existing inflation swaps than striking new ones with corporates and utilities, it has been harder for pension funds and other investors to source cashflows linked to the UK's retail prices index (RPI).
HSBC generated a wave of supply in late 2013 and early 2014, through its role as duration manager on the UK Debt Management Office's (DMO) record-breaking £5 billion index-linked 2068 gilt, and its execution of a simultaneous portfolio restructuring of
Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.
To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe
You are currently unable to print this content. Please contact [email protected] to find out more.
You are currently unable to copy this content. Please contact [email protected] to find out more.
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
Copyright Infopro Digital Limited. All rights reserved.
You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/
If you would like to purchase additional rights please email [email protected]
More on Inflation derivatives
Derivatives
Callable repack frenzy opens up new options market in Europe
Demand driven mainly by French life insurers looking for alternatives to low-yielding sovereign bonds
Receive this by email