Since the launch of the first SWIFT RMB Tracker in November 2011, the RMB has shown stellar growth for payments, whilst RMB usage by value in traditional trade finance – letters of credit and collections – has been decreasing since 2014. The Chinese currency is now the third-most-active currency in trade finance, after the euro, with a share of 4.61%.
According to Antoine Porcheret, Senior Equity & Derivative Strategist at BNP Paribas, Total Return Futures constitute a listed solution to mitigate concerns surrounding the envisaged introduction of bilateral margining for non-cleared OTC swaps...
Index Total Return Futures (TRF) are designed to offer a listed
solution for trading the implied equity repo rate. Index TRFs
aim to replicate the payoff profile of an Index Total Return
Swaps (TRS) in a cost efficient way. The first TRF product
launch will be the EURO STOXX 50® Index Total Return
Futures (Product ID: TESX).
On Thursday, 24th November 2016, the African Development Bank (AfDB) launched a new SEK Green Bond transaction. The transaction is AfDB's first Green Bond issuance since the USD 500 million 3-year Green Bond issued in December 2015 and marks AfDB's third appearance in the SEK Green Bond market after having issued two Green Bond transactions in early 2014.
Royal Bank of Scotland Group Plc emerged as the weakest among seven U.K. lenders examined in the Bank of England's 2016 stress test, missing two key capital target levels under the adverse stress scenario.