Counterparty concerns: are they easing?

Credit where it's due

Richard Couzens - Barclays Capital

What is the lowest counterparty credit rating you can sell to US retail investors, and has this changed in the past 12 months?

Randy Pegg, executive vice-president at Advisors Asset Management Structured Products in Colorado: We only allow banks that have a Single A rating or higher. We also look at the credit default swap (CDS) levels and in the case of certificates of deposit (CDs) we have requirements for a Veribanc rating of Green/* or higher. (The green colour code is applied if the bank's

To continue reading...

You must be signed in to use this feature.

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: