Credit markets
Investors back growth in sterling CDS market
sterling credit default swaps
Editor's letter
Editor's letter
Weighing up the risks and rewards of CDOs
Risk and reward
A question of structure
Tranching
New CDO applications
Innovations
Transparency: a more efficient market
Pricing and trading
Enter the CDO-squared
CDOs-squared
The emergence of a CDO market
Birth of CDOs
Why e-trading is a turn-off for UK
sterling e-trading
The runaway success of credit derivatives
Introduction
Synthetic structures
Synthetic CDOs
Ethical bonds: a flight of fancy?
ethical investing
Structured credit: who needs a psychoanalyst?
Sponsored foreword
Rating the products
Rating agencies
Cash bonds and CDS diverge
cash versus CDS
An expanding market
Conclusion
A new target
Retail CDOs
Credit risk
Introduction
Business as usual at troubled Nvesta
Company profile
Sparking interest
Correlation trading
Yield boost for CDOs
synthetic CDO market