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
The European Repo Council (ERC) has published its amended repo trading practice guidelines. The new guidelines, which are effective from 1 October 2003, can be downloaded from the ISMA web site that day.
MTSNext says Danske Bank has licensed the EuroMTS 5 7 and 15+ year maturity band indices for use as underlying references in a new 3 year maturity "Himalayan" structured product, issued by KommuneKredit, and listed this week on the Copenhagen
Mark it Partners, a new company offering a daily service for pricing credit derivatives and cash credit instruments, has signed a global agreement with Barclays that covers both Barclays Capital and Barclays Global Investors (BGI). This is the first deal
BISYS says the SEC has approved its application on behalf of 12 of its mutual fund clients and their investment advisers to be allowed to invest un invested cash and cash collateral received through securities lending programs in shares of
The Japanese Ministry of Finance says long dated JGB issuance will start in earnest in October. Twenty year JGBs will be issued at a rate of Yen 5.4 trillion a month, up from the current Yen 4.8 trillion every other
The American Securitisation Forum ("ASF") has issued a set of recommended "minimum standards and best practices" for asset backed securities (ABS) syndicates. The standards are the second set the ASF has developed. The first was a monthly investor report template
EuroMTS is to launch an electronic inter dealer market for Israeli fixed income securities, based on its Telematico trading system. The announcement follows a meeting yesterday evening in Jerusalem between Benjamin Netanyahu, Israel's Finance Minister and Gianluca Garbi, Chief Executive
In a joint comment letter filed with the Financial Accounting Standards Board (FASB), The Bond Market Association (Association) and the American Securitization Forum (ASF) expressed concerns and recommended revisions to proposed amendments to FASB Statement 140, which sets accounting standards