Not exact matches
As of Sept. 22, 77 companies in China had conducted debt - for -
equity swaps worth more
than 1.3 trillion yuan ($ 196.48 billion), Reuters reported.
The past several years have featured little more
than a gigantic asset
swap, the short description being that massive volumes of government debt have been
swapped by central banks for massive volumes of idle bank reserves, while massive volumes of low - yielding, covenant - lite debt have been issued into the hands of yield - seeking investors, in order to retire massive volumes of corporate
equities at elevated valuations through buybacks.
It gains exposure to asset classes by investing in more
than 100 futures contracts, futures - related instruments, forwards and
swaps, including, but not limited to,
equity index futures and
equity swaps; bond futures and
swaps; interest rate futures and
swaps; commodity futures, forwards and
swaps; currencies and currency futures and forwards, either by investing directly in those Instruments, or indirectly by investing in the Subsidiary that invests in those Instruments.
We offer our customers access to more
than 200 financial products including fixed income securities, interest rate
swaps, foreign exchange,
equities,
equity derivatives, credit derivatives, commercial real estate, commodities, futures and structured products.