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The truth about Asian investment banking

The truth about Asian investment banking

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Skip Navigation LinksHome :: Structured finance: Merrill reports strong demand for its CFXO

July 2007

Structured finance: Merrill reports strong demand for its CFXO

by Lee Oliver and Chloe Hayward


Optimism that the launch of collateralized foreign exchange obligations (CFXO) would attract a new range of participants to the market (see Structured products: CFXOs bring in new investors, Euromoney June 2007) now looks well founded. Merrill Lynch says that it attracted more than €1 billion ($1.34 billion) for its recently launched CFXO, which is managed by Crédit Agricole Asset Management. ...


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