Counterparty concerns: are they easing?

Credit where it's due

Richard Couzens - Barclays Capital

What is the lowest counterparty credit rating you can sell to US retail investors, and has this changed in the past 12 months? Randy Pegg, executive vice-president at Advisors Asset Management Structured Products in Colorado: We only allow banks that have a Single A rating or higher. We also look at the credit default swap (CDS) levels and in the case of certificates of deposit (CDs) we have requirements for a Veribanc rating of Green/* or higher. (The green colour code is applied if the bank

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