Countrywide Home Loans dominates December US CDS trading
Credit default swaps (CDS) for the banking and financial services sectors dominated the most active trading in the US over December, led by Countrywide Home Loans, Lehman Brothers, CIT Group, Merrill Lynch and SLM Corp, according to interdealer broker GFI’s monthly credit derivatives report.
Similar to the US, the banking and financial services sectors dominated again in Asia, led by Bank TuranAlem, JSC Kazkommertsbank, Orix Corp and Bank of Tokyo-Mitsubishi UFJ. Turkey, Russia and Brazil were the three most active sovereigns for the month, according to GFI.
See also:
Fannie Mae most active CDS in US for November
Financials dominate CDS trading again
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