Citi largest counterparty for Templeton currency hedges

The Templeton Global Bond Fund tapped Citi for the largest share of its currency forwards as of March 31.

As disclosed in the fund’s biannual Form N-Q, Citi had outstanding forward contracts with the fund in the amount of $9 billion at the end of the first quarter, representing 23% of its total portfolio. 

JP Morgan was the next largest counterparty, with $6.4 billion in outstandings, representing 16% of the portfolio. HSBC, Bank of America, and Goldman Sachs completed the top five with shares

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 or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here