This page is dedicated to research articles on primary fixed income markets. For further information please contact Dan Barnes.
THE BOOK
The Book: Primary dealer positions climb rapidly, but concerns appear unfounded
Primary dealer positions of US Treasury holdings are expanding rapidly, but concern around restrictions on capacity are misplaced according to analysis.
A new paper by Morgan Stanley analysts has outlined that primary dealers in the...
The Book: Who will drive reform in primary markets?
Primary market practices are under pressure to change, however the urgency and direction given for adaptation are often skewed by specific market participant groups.
The DESK spoke with Katie Kelly and Miriam Patterson both senior...
The Book: CIF issues six-times oversubscribed Capital Markets Mechanism bond
The Capital Markets Mechanism (CCMM) of the Climate Investment Funds (CIF) has issued its inaugural bond, raising US$500 million from a US$3 billion orderbook.
Tariye Gbadegesin, CIF CEO, commented: “The inaugural CCMM bond issue has...
The Book: ICMA releases DLT bond guidance
The International Capital Markets Association (ICMA) has released the latest reference guidance on distributed ledger technology (DLT)-based debt securities.
The paper has been developed in reaction to the growing interest in tokenised and DLT-based bonds....
