iTraxx launches leveraged loan cds indices

iTraxx has launched a new set of indices for the European leveraged loan credit default swap market, dubbed LevX Senior and LevX Subordinated.

The pricing of the indices happened within the space of a couple of weeks. The senior index priced on Friday October 27 at 170 basis points, with trading starting the following Monday; the subordinated index priced on November 10 at 450 basis points and trading officially began on Monday November 13.

The process was similar on both occasions, with the p

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 indvidual account here: