Spain
Sovereign ratings on UK, US, Japan under fire from credit investors
After Greece, Portugal and Spain suffered rating downgrades in April due to escalating fiscal problems, investors ask if the same standards are being applied to advanced economies.
CDS spreads tighten across the eurozone for sovereigns, banks and non-financial companies
Tightening continues on eurozone CDS spreads in a sign of improving market confidence
Eurozone CDS spreads stabilise
CDS spreads across the eurozone stabilised in early trading, but Greek spreads rose steadily.
CDS spreads slashed as EU emergency measures kick in
News of a massive EU rescue package has boosted market confidence in European sovereign and bank debt.
Spanish banks prepare for refinancing risk as CDSs blow out
Refinancing risk increases for Spanish banks as credit default swap (CDS) spreads widen dramatically for a third day running.
EXCLUSIVE: Greece debt crisis may break the Eurozone
Fears mount over Greece's ability to reduce fiscal deficit and service debt repayments, despite Eurozone-IMF bailout package.
Sovereign CDSs balloon as equity markets crash
CDS spreads on vulnerable eurozone countries widened dramatically today as stock markets crashed over uncertainty surrounding the Greek bailout.
Inflation issuers face Greek fallout
Issuance of sovereign inflation-linked bonds is expected to reach record highs this year as governments struggle with vast fiscal deficits. With investors shaken by the crisis in Greece, however, some issuers may have to draw on the lessons of the crisis…
Greece’s $40 billion bailout an improvement, but issues remain
Markets soothed as firm details of Greek rescue plan are announced, eurozone will provide €30 billion at discounted 5% rate for year forward, analysts less convinced
Funds the key to unlocking Spanish market
Structured products distribution in Spain stalled during the financial crisis as banks turned away from open architecture. The answer seems to lie in fund-based products, for which the distribution networks remain open. Richard Jory reports from…
Sovereign debt and LatAm-related hedging key for Spanish dealers
Winners of the Risk España dealer rankings explain how hedging related to sovereign debt issuance and Latin America will be key revenue sources in 2010.
Risk Espana rankings 2010
Changing of the guard
Lessons in simplicity
The mood at the fifth Structured Products Europe conference in London was distinctly retrospective, as speakers and delegates spent two days dissecting their business practice with a readiness that suggests the industry has learnt from its mistakes and…
Iberian exchange OMIP strengthens European presence
The Iberian power market derivatives exchange, Operador de Mercado Ibérico de Energía (OMIP), has signed a deal with software vendor Trayport as part of its continued expansion within the European energy markets.
Preaching protection
Continuing a series of interviews with national regulators about structured products, we talk to Maria Jose Gomez Yubero, head of investor protection at the Comision Nacional del Mercado de Valores, about the fallout from the Lehman Brothers bankruptcy,…
Solar Power - Dark times for solar power
This year looks tough for solar power, with Spain, the largest market in 2008, capping new production. Finding private financing is harder, making clear feed-in tariff policies essential, finds Vanya Dragomanovich