Monoline market doubts

risk-080801-07-gif

With financial guarantors hit by a raft of downgrades in recent months as a result of their exposures to subprime mortgage-linked securities - restricting their ability to generate new business - several new players are waiting in the wings to fill the void. But is there enough business to justify their optimism?

In June, Australia's Macquarie Group served notice of its intent to establish a New York bond insurance arm. If the plan goes ahead, the subsidiary - Municipal and Infrastructure

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: