Message-ID: <30141567.1075860229548.JavaMail.evans@thyme> Date: Fri, 11 Aug 2000 08:57:00 -0700 (PDT) From: dw@iinews.com Subject: DW Alert - Taiwan Banks Set To Enter Swap Market For Cheap Dollar Funds Mime-Version: 1.0 Content-Type: text/plain; charset=ANSI_X3.4-1968 Content-Transfer-Encoding: 7bit X-From: Derivatives Week X-To: X-cc: X-bcc: X-Folder: \Mark_Taylor_Jun2001\Notes Folders\Archive\8_00 X-Origin: Taylor-M X-FileName: mtaylor.nsf Dear Derivatives Week subscriber: Catch the latest breaking news in this week's issue by clicking here: http://www.derivativesweek.com Top stories this week: _______________________________________________________________ TAIWAN BANKS SET TO ENTER SWAP MARKET FOR CHEAP DOLLAR FUNDS. Taiwan-based banks are planning to exploit the ballooning interest rate differential between Hong Kong and U.S. dollars in order to achieve cheaper dollar financing. Several banks are planning their first Hong Kong dollar-denominated issues, including Chinatrust Commercial Bank. ? PLAYERS CHARGE INTO EURO FLATTENING TRADES. Several banks were seen putting on flattening trades in the euro swaps market last week. Deutsche Bank, for example, put on a flattening trade in the 10 and 30 year sectors. ? TAIWAN REGULATORY CHANGE GOOD FOR FOREIGN BANKS. Recent regulatory changes in Taiwan will likely be a boon for foreign banks in the warrants business, as the new rules will encourage local securities houses to partner with them. _______________________________________________________________ As a DW subscriber, you are eligible for complimentary access to the Subscribers Only area of the site, which contains the current issue and a searchable archive of all past issues. Use your User ID and Password to access the entire site. If you don't have these yet, hit 'REPLY' to this email, fill out the proper information below, and send it back to me. I'll get you set up right away! =============================== Newsletter Title: My name is: My company is: My city location is: I choose my new user name to be: I choose my new password to be: =============================== ? If you'd prefer, call our Customer Service Department at 212-224-3800 and give them the information above. >>>>>>>>>>>>>>>>>>>>>>>>>><<<<<<<<<<<<<<<<<<<<<<<<<< YOUR USER NAME AND PASSWORD ARE FOR YOUR PERSONAL USE ONLY.? THEY MAY NOT BE SHARED WITH ANYONE AND NO ONE ELSE SHOULD ACCESS THE SITE WITH YOUR USER NAME AND PASSWORD. >>>>>>>>>>>>>>>>>>>>>>>>>><<<<<<<<<<<<<<<<<<<<<<<<<< If you have questions, comments or suggestions, please do not hesitate to call me at 1-212-224-3034. Thanks and enjoy this week's issue. Jim Beecher Publisher NOTE: You will receive weekly updates of the hottest stories in Derivatives Week. These are not random mass mailings but rather one-time messages for your personal attention. If you do not wish to continue to receive these notices, please click 'reply', type 'remove' and enter your name and company. You will then be removed from our email database.