The recent correction in the bond markets could prove to be a boon for emerging market CDOs, according to bankers. A few synthetic deals are in the pipeline, including one being arranged by Goldman ...
A report on financial risk based on a survey answered by 175 bankers, regulators and corporate users was published last month by the Centre for the Study of Financial Innovation. They were asked to ...
NEW YORK, Feb 28 (Reuters) - Fears that credit derivative indexes will further weaken as investors unwind structured deals known as constant proportion debt obligations, or CPDOs, are likely overblown ...
In the simplest form of a CDO, this credit risk exposure is generated in the same way as for any asset-backed security (ABS): the CDO is backed by outright holdings of corporate debt, such as ...
The bond market used to be a place that was safe for widows and orphans, but recent developments, including the fast growth of credit derivatives and hedge funds, are changing this formerly quiet ...
Corporates have largely ignored the rapidly growing credit derivatives market for years. But will it help or hinder them if global growth begins to slow? The credit derivatives market has been one of ...
Don’t mistake CLOs for CDOs - CLOs invest in senior secured loans and have built-in risk protections that have been tested through two major market crises. CLOs stand apart from other types of ...
NEW YORK (Reuters) - Investors in some structured credit deals using derivatives are seen as likely to unwind them after new U.S. accounting rules are introduced that will require the derivatives to ...