Documenting EDS

Equity default swaps

june-eds-gif

Globally, the continued squeeze on credit default spreads has made it increasingly difficult for banks to arrange synthetic collateralised debt obligation (CDO) transactions that offer sufficient returns to attract investors (particularly for the equity tranche), while allowing the swap counterparty to retain a satisfactory yield. In Japan, the slowdown has been more dramatic since the appetite for the more complex (but potentially higher yielding) structures, such as CDOs of asset-backed

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

If you already have an account, please sign in here.

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