More sovereigns edge towards two-way CSAs - and clearing

Towards two-way CSAs


On the face of it, dealers have had little success persuading sovereign derivatives users to sign two-way collateral agreements. The Cypriot, Danish and Latvian debt offices all say they are considering it – which would bring them in line with their counterparts in Hungary, Ireland, Portugal and Sweden. But of that group, only Portugal and Ireland made the switch in the past two years, and the world’s biggest sovereigns remain staunchly opposed to the practice – a policy that leaves their dealer

To continue reading...

You need to sign in to use this feature. If you don’t have a 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: