Auctions held for Tribune and Ecuador CDSs

Mark Pengelly
01 Feb 2009

Tweet
Facebook
LinkedIn
Save this article
Send to
Print this page

Auctions to cash-settle credit derivatives trades on defaulting entities continued through January, with at least eight more planned as Risk went to press. They come amid expectations of higher corporate defaults and lower recovery rates - two trends that are expected to intensify over the coming year, analysts say.

In particular, an auction to cash-settle credit default swaps (CDSs) and loan credit default swaps (LCDSs) linked to Chicago-based media company Tribune on January 6 produced an

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 print this content. Please contact [email protected] to find out more.

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

You may share this content using our article tools. Printing this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]

You may share this content using our article tools. Copying this content is for the sole use of the Authorised User (named subscriber), as outlined in our terms and conditions - https://www.infopro-insight.com/terms-conditions/insight-subscriptions/

If you would like to purchase additional rights please email [email protected]