Revisions adjust ‘narrow’ and ‘wide’ bands for eligible collateral; change is for liquidity reasons
A rally in European financial subordinated debt did little to ease the pain for traders last month, as the focus switched to regulatory risk around senior bank bonds.
As a solution for struggling sovereigns, bond buybacks are not without risk.
Insurance Risk and BNY Mellon have conducted a survey to look at how insurance companies are preparing for the new regime and the opportunities and challenges that the changes will bring.
More Sovereign debt articles
Sovereign annuities could perform double role of improving Irish pension scheme solvency levels and ease state funding problems
Markit has launched a series of emerging markets sovereign indexes, providing investors with access to US dollar-denominated emerging market debt
The EU faces a tricky 2011 as it navigates excessive debt, but needs to address solvency issues rather than liquidity, says Pimco's CEO Mohamed El-Erian.
A new report from Fitch Ratings suggests Europe's public finances are on the mend, reducing pressure to borrow in 2011
As the Eurozone sovereign debt crisis rumbles on into 2011, the threat of a country defaulting and even exiting the currency union grows ever more real. Credit looks at the remaining options available to Europe’s policymakers to prevent that from happening....
With governments in the developed world continuing to shoulder the liabilities of once-private debt, wrestling with deficit reduction plans and pushing ahead with changes to global financial regulations, investors need to adjust for the growing role of...
Automatic haircuts for senior bondholders were left out of the final European Stability Mechanism documentation announced by Eurozone leaders at the end of November. But that does not mean such an option won’t be used in future sovereign restructurings....
This paper discusses a number of diverse considerations that risk managers need to incorporate into their thought processes and recurring procedures if they are to fulfill their role more effectively in the future