Credit markets
Irish bailout fails to restore faith in PIIGS debt
CDS spreads on peripheral eurozone debt widen despite €90 billion in aid
Bailout funds miss the point: Joseph Mason column
Bailout funds miss the point
Regulators review margin rates for CDS
Market analysis: CDS margining
Global OTC derivatives widely dispersed, Isda survey finds
Five largest US-based dealers hold 37% of total notional, trade association says
Liquid CDSs mean cheaper debt, Fitch research finds
Study shows strong correlation between CDS liquidity and yields on sovereign debt
Special report: CDS
Special report: CDS
CDS: Fitting into the framework
Fitting into the framework
Regulatory wrangles in the CDS market
Regulatory wrangles
To swap is not to insure: Aaron Brown column
To swap is not to insure
Q&A: Jonathan Di Giambattista
Q&A: Jonathan Di Giambattista
All hail relative value
All hail relative value
The tail that wags the dog
The tail that wags the dog
Credit derivatives
Credit special report
EC naked sovereign CDS rules met with relief by traders
Murky on transparency
Smiling jumps
Smiling jumps
Electronic trading: A key to achieving CDS reform
Electronic trading: A key to achieving CDS reform
New clearing rules may make CDS prohibitively expensive, traders warn
Buy-side market participants are expecting increased operational costs when new regulation on central clearing of CDS contracts is implemented
Eurex freezes marketing of CDS clearing
Eurex has halted the marketing of its credit default swap (CDS) clearing operation after failing to attract sufficient business, Risk understands.
Sovereign CDSs as a risk indicator
Sovereign CDSs as a risk indicator
Updated Isda CDS novation process to boost efficiency while minimising risk
Revised rules replace laborious consent-then-confirm novation process
Morgan Stanley is buyer of Natixis CDS portfolio
US bank believed to have purchased bulk of $8.6 billion credit derivatives portfolio.
Morgan Stanley is mystery buyer of Natixis CDS portfolio
Morgan Stanley is said to have acquired the bulk of an €8.6 billion portfolio of complex credit derivatives from Natixis last month.
NY Fed attacks article on AIG debacle
New York Fed general counsel Thomas Baxter takes issue with New York Times article which says Fed ignored advice from advisers on AIG counterparty CDS issue
CDS lessons from the emerging markets
Eurozone politicians are pushing for a ban on naked sovereign credit default swaps (CDSs) – but the eurozone CDS market is relatively young. In emerging markets, where it has a longer history, CDSs are sometimes the hero, sometimes the villain – and…