Balancing currency and credit risk

Contingency swaps

pg51-bates-gif

The number of emerging market corporates and asset managers using currency swaps that include a credit event function has increased dramatically during the past year. And dealers, which have invested heavily in cross-asset class correlation models and associated risk management technologies, believe this growth in the use of hybrid credit-contingent swaps is set to continue.

Dealers say companies are attracted to credit-contingent products because they improve access to financing and can reduce

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: