Total return swaps on iBoxx touted as alternative to corporate bond index ETFs

Two basketball players jumping up to the net

Total return swaps based on corporate bond indexes could compete with exchange-traded funds (ETFs) that track the indexes, according to industry participants. The size of the market for total return swaps on these indexes is estimated to be roughly $500 million a week across Europe and the US, says Denis Gardrat, head of credit derivatives structuring for Europe, the Middle East and Africa at BNP Paribas in London.

The corporate credit ETF market is huge in comparison. In October 2012, corporate

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.

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: