Hybrid CFXO from JP Morgan


JP Morgan has launched a hybrid collateralised debt obligation (CDO) mixing exposure to foreign exchange with credit default swaps (CDSs) on emerging market sovereigns. The deal will be managed by Danish specialist emerging market manager BankInvest.

The deal, Viking CDO, will reference a portfolio of 15 currency pairs and 15 sovereign CDSs. There will initially be some overlap in the reference entities, with Korean, Russian, South African and Turkish currencies and sovereign CDSs included in

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 indvidual account here: