Credit markets
CDS: Tightens on equities and sentiment
Credit default swap 5-year mid-levels for structured products issuers (May 27)
Syncora worth 15%, according to credit derivatives auction
A May 27 auction has determined a final settlement value of 15 cents on the dollar for credit default swaps (CDSs) referencing Bermuda-based Syncora Guarantee, the monoline formerly known as XL Capital Assurance.
CDS spreads tighten on Japanese firms
The cost of credit protection fell on Japanese electronics companies in Asian and European trading today, while remaining steady on US and European financials.
CDS: Spreads continue narrowing trend
Credit default swap 5-year mid-levels for structured products issuers (May 25)
CDS: Spreads tighten; recover after early weakness
Credit default swap 5-year mid-levels for structured products issuers (May 26)
CDSs on UK financials widen
The cost of credit protection on major UK banks rose this morning. The move came on the back of Standard & Poor's putting UK sovereign debt on negative ratings watch last week.
CDS: Rebound after two day losing streak
Credit default swap 5-year mid-levels for structured products issuers (May 22)
Duggan offers credit and equity play
Duggan Asset Management, a Dublin-based niche investment firm, has launched a 100% capital protected deposit-based structured product - called the Credit Bond. The product is designed to give investors exposure to the high-yield credit market by…
Sovereign CDS spreads widen
The cost of credit protection rose on Australasian and European sovereigns in today's European and Asian trading.
CDS: Spreads widen on equities sell-off
Credit default swap 5-year mid-levels for structured products issuers (May 21)
US municipal market faces clean-up under new rules
The municipal bond market in the US is still largely in a state of disarray, well over a year after the collapse of the auction rate securities (ARS) sector, though signs of recovery are visible in the fixed-rated debt market, congressmen have heard.
CDS spreads widen on UK
The cost of credit protection on UK sovereign debt rose in European trading today, while also rising on US and European financials.
CDS: Spreads tighten sharply tracking equity rally
Credit default swap 5-year mid-levels for structured products issuers (May 19)
CDS: Spreads narrow again
Credit default swap 5-year mid-levels for structured products issuers (May 20)
Q&A: EC official "optimistic" on central clearing deadline
Mario Nava, head of the financial markets infrastructure unit at the European Commission in Brussels, updates Risk on progress towards central clearing of credit default swaps (CDSs) and the move towards a central trade repository for over-the-counter…
Fed steps in to support CMBS market
The US Federal Reserve will start accepting legacy commercial mortgage-backed securities (CMBS) as collateral under its Term Asset-backed Securities Lending Facility (Talf), as the US commercial real estate market continues to struggle.
OTC trade repository plan faces hurdles
Financial authorities in the US and Europe have advocated the introduction of a central trade repository to gather data on the over-the-counter (OTC) derivatives market, but there is concern that multiple repositories could do more harm than good.
BIS shows first OTC derivatives market decline
The total outstanding notional of over-the-counter (OTC) derivatives contracts fell 13.4% to $592 trillion at the end of December 2008, from $683.7 trillion at the end of June 2008, according to statistics released by the Bank for International…
The ups and downs of the Japanese yen
Asia Risk FX Review & Outlook 2009 - Sponsored statement
Fit for forex
Asia Risk FX Review & Outlook 2009 - Trading systems
Blossoming interest
Asia Risk FX Review & Outlook 2009 - Cover story
CDS spreads widen on automakers
The cost of credit protection on Japanese automakers fell in European trading today, while also dropping on US and European financials.
CDS: Stability comes in the form of flattening levels
Credit default swap 5-year mid-levels for structured products issuers (May 16)
New FASB standards threaten off-balance-sheet vehicles
The US Financial Accounting Standards Board (FASB) has completed new rules on off-balance-sheet holdings that will compel US companies to consolidate on balance sheet billions of dollars of assets previously kept in special-purpose entities (SPEs).