Some 18 investment banks participated to terminate $98.5 billion in inflation swaps
Some 18 of the world's top investment
banks have used a new service from Icap-owned TriOptima aimed
at reducing the banks' vast balance sheets.
The banks participated in the first run of
a new inflation swap compression service from triReduce,
TriOptima’s portfolio compression service.
The firm said the cycle included 18 banks
with swaps tied to the European Union: EUR- Excluding
Tobacco-Non-revised Consumer Price Index and terminated $98.5
billion notional in inflation index swaps.
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