News
Deutsche financing scheme for Riga left Latvia with $1 billion debt and reporting headache
A financing transaction arranged for Riga by Deutsche Bank shows how local authorities can lay their hands on spending money without reporting it as debt.
Standardised coupons introduced on loan CDS
New fixed 100bp, 250bp and 500bp coupons aim to promote liquidity and fungibility in LCDS contracts
Repo taskforce targets operational issues
The New York Federal Reserve is to reveal its aims for reducing risk in the tri-party repo market this month.
Doubts raised over viability of Lloyds CoCo bonds trigger
Bankers and regulators are looking at possible standards for contingent capital, but are struggling with the definition of an appropriate trigger.