Dealing with default

Credit Derivatives

pgs5-banks-gif

It may be too soon to sound the all clear, but the signs are promising that Australia's collateralised debt obligation (CDO) market will emerge from this year's volatility in the US auto sector relatively unscathed. In other respects, however, the year has been an anti-climax for CDO issuers, as tight credit spreads have worked against new retail issues and led to a repricing of risk in the institutional market.

Arrangers have responded by improving their products, typically by introducing

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 info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

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