Securities Finance

JSDA Publishes JGB Grey Market Guidelines

Japan Securities Dealers Association (JSDA) recently announced guidelines to introduce "when issued transactions" of Japanese Government Bonds (JGB), which allows market participants to deal JGB trades earlier than the issuing day and execute the settlement on or after the issuing

Wachovia Buys Met West, Says Reuters

Wachovia has agreed to buy Metropolitan West Securities LLC, a specialist in third-party agent securities lending and short-term bond asset management, according to a Reuters report.

MTS To Launch New Market for Polish Government Bonds

MTS S.p.A. and Centralna Tabela Ofert (CeTO) announced today that they have signed a letter of intent for the implementation of a domestic Polish government bond market, based on the MTS system. CeTO is the designated Polish electronic Treasury securities