Credit derivatives set to hit $10 trillion by 2007, says Deutsche’s Misra

The credit derivatives market is set to hit $10 trillion in notional value within five years, with the number of actively traded credit default swaps set to double by 2007 to 600, according to Deutsche Bank’s global head of integrated credit trading Rajeev Misra.

Speaking during a keynote address at Risk’s Credit Risk Summit Europe 2003 in London this morning, Misra said Deutsche Bank had commissioned consultants McKinsey to analyse the potential growth of the market. McKinsey’s findings predicted the credit derivatives market could grow to $10 trillion, based on strong demand from medium-sized banks to hedge their exposures to medium-sized corporates.

Growth could be even higher – $15 trillion by 2007 – if the high-yield credit derivatives market takes

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

Register

Want to know what’s included in our free membership? Click here

This address will be used to create your account

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