Isda survey shows positive results
Isda released at its AGM in Singapore its year-end 2005 market survey of privately negotiated derivatives. The survey said the notional principal outstanding volume of credit default swaps (CDSs) were found to have grown by 39% to $17.3 trillion in the second half of 2005, compared with 48% to $12.4 trillion in the first half.
Overall, growth in the notional of CDSs reached 105% in 2005, against 123% in 2004. The survey covers CDSs on single names, baskets an