Corporate bonds
HKMA warns banks not to weaken liquidity profile to benefit from LCR phase-in
Hong Kong regulator to consult banks on new LCR this quarter and assess level playing field implications before deciding on whether to adopt a phased approach
Undeveloped Asian capital markets continue to make hedging difficult
A lack of liquidity is still providing problems for corporates looking to hedge – even in Hong Kong
Total return swaps on iBoxx touted as alternative to corporate bond index ETFs
Exchange-traded funds that give exposure to corporate bond indexes could face competition from total return swaps on the indexes, say market participants
Non-financial corporate bonds: the future for structured products?
Using non-financial corporate bonds instead of bank bonds to underpin structured products could encourage more investors to consider them, as it would help diversify the counterparty risk within a portfolio, say industry participants
Exchange-traded funds provider of the year
Exchange-traded funds provider of the year
Hedge fund enables insurers to capitalise on bank deleveraging
Tenax Capital fund will buy bank loans and provide debt capital to corporates
Risk 25: How Basel III is turning borders into barriers
Turning borders into barriers
Emerging markets debt is the 'beta of choice' for ETF investors
Exchange-traded funds that give investors exposure to emerging markets debt are increasingly popular and funds denominated in local currencies are also on the rise
Hong Kong regulator to allow foreign currency liquid assets to make up LCR shortfall
HKMA backs foreign currency option for local banks struggling to meet Basel III’s liquidity coverage ratio
iShares launches dollar-denominated emerging markets corporate debt ETF
A new ETF from iShares gives investors dollar-denominated exposure to emerging markets corporate bonds
Van Eck launches Fallen Angels ETF amid increased demand for high-yield corporate debt
A new Market Vectors ETF from Van Eck is the latest in a busy period of corporate bond fund launches, highlighting continued demand for high-yield products
Sponsored forum: The future of e-trading for bonds
Regulators are keen for a wider universe of cash and derivatives instruments to trade on electronic platforms. A panel of experts discuss some of the challenges
Video: Schroders HK chief bullish on development of offshore RMB bond market
Lieven Debruyne, chief executive of Schroder Investment Management (Hong Kong), is eyeing up opportunities in the dim sum bond market
China gives boost to 'dim sum' bonds
A taste for dim sum
How the link between credit and economic growth has broken: Joseph Mason column
After the financial crisis of 2008–9, authorities needed to 'rehabilitate' corporate debtors to improve their creditworthiness. Why have they failed?
Dan Fuss interview – Part 2
Loomis Sayles vice-chairman discusses the US credit markets
US corporate credits offer opportunities – Dan Fuss interview
The US has recovered from recession but still faces an enormous debt burden. The onus is now on companies to pick up the slack in the economy and keep bonds buoyant
Investors debate the future of Australian debt markets
Debt prospecting down-under
Borrowers fear Solvency II will hit demand for corporate paper
Solvency II and credit: A change in appetite
Video: Belgium's finance minister lays out European financial reform challenges
At Risk Europe in Brussels, Belgium's Didier Reynders speaks frankly about the sovereign debt crisis, financial sector reform and tensions between European institutions
HKMA’s Yuen urges banks to take action now on Basel III LCR; warns of negative impact for corporate debt markets
Banks should begin preparing in earnest to meet the Basel III liquidity requirements as regulators begin the process of supervising banks’ compliance with the new rules, according to the deputy chief executive of the HKMA.
Emerging market corporates ripe for investment, says Amundi’s Crosnier
Laurent Crosnier, chief investment officer at asset manager Amundi in London, looks to emerging market corporates for returns.
EM corporates offer good value, says Amundi head
Amundi Asset Management says emerging market bond spreads remain wide on a relative basis.
Corporate bonds - safer than sovereigns?
The new safe haven