Credit markets
BIS sees derivatives growth continue amid selloffs
The Bank for International Settlements (BIS), the Swiss-based central banking institution, said the notional invested in over-the-counter derivatives rose 12% by the end of 2006, to $415 trillion.
HSBC plans record-breaking SIV
HSBC has launched the largest ever structured investment vehicle (SIV) launch, with an initial portfolio of over $6 billion, called Asscher Finance.
Deutsche tests liquidity with €2.2 billion synthetic trade
Deutsche Bank has executed a €2.2 billion collateralised debt obligation (CDO) trade, which assumes the risk of a portfolio of synthetic products managed by UniCredit Group (HVB).
USFE to trade government agency debt futures
The US Futures Exchange (USFE), the Chicago-based exchange majority-owned by Man Investments, has announced its plan to trade US government agency debt futures by the end of the year.
Financial services dominate CDS market, says GFI market update
Financial services were the busiest sectors of the credit default swap market in May in both the US and Asia, according to a report from US interdealer broker GFI.
Crystal ball gazing
tete à tete: strategies
Making up lost ground
Institutional Investor end-user Rankings 2007
Conference calling
This year's Energy Risk USA conference broke the record attendance of last year with more than 330 delegates gathering in Houston to focus on the latest issues in energy risk management. The Energy Risk team brings you some highlights
Market graphic: spread decompression
Market Graphic
Islamic finance supplement - Chapter and verse
Derivatives
The CDO manager hit parade
With nearly 300 CDO managers plying their trade in today's global markets, investors are hard-pressed to decide who's top of the pops and who's a one-hit wonder. Rachel Wolcott speaks to influential investors to find out which managers they really rate
Bondholders turn up the heat in covenant battle
While 'covenant-lite' loans are grabbing headlines in the loan markets, issuers are being forced to add stronger covenant protection to get bonds away. Matthew Attwood reports
Column: John Birdwood
Investors of a certain vintage will know that there's nothing new about the subprime boom and bust. Savings and loan associations in the 1980s went through a similar ordeal
Islamic finance supplement - Sukuk: caveat emptor
Demand for Shariah-compliant investment opportunities is exploding, but is the global market for sukuk guilty of ignoring the risks? Philip Moore investigates
Talking point: exchange-traded credit
Talking point