Credit risk
CDS: Spreads narrow on US banks, BofA trading at 240bp
Credit default swap 5-year mid-levels for structured products issuers (Thursday April 16)
CDS: European financials widen
Credit default swap 5-year mid-levels for structured products issuers (Monday April 13)
CDS: US and European banks widen
Credit default swap 5-year mid-levels for structured products issuers (Wednesday April 15)
CDS: Spreads tighten on financials, BNP at 89bp
Credit default swap 5-year mid-levels for structured products issuers (Tuesday April 14)
Ice clears $71 billion of CDSs
Atlanta-based derivatives exchange IntercontinentalExchange (Ice) has cleared $71 billion notional in credit default swaps (CDS) in the four weeks since the launch of its central clearing platform. The exchange cleared 613 transactions and reported open…
CDS: US banks continue to narrow
Credit default swap 5-year mid-levels for structured products issuers (Thursday April 9)
Ukraine heads list of riskiest sovereign issuers
Central Asian and South American countries dominate the league table of sovereign issuers with the highest risk debt, while northern European nations - plus the US - are among the safest
Robert Stheeman
The head of the UK's Debt Management Office, the body responsible for administering the wave of recent government issuance, tells Sarfraz Thind that the recent failed auction doesn't spell a death of demand for gilts
The price is right
Consensus on the input assumptions that financial institutions use to value structured finance securities is crucial if the market is to reach a universally agreed method of pricing these impaired assets. By Peter Jones of Standard & Poor's
Stopping the rot
Noises from leading banks that they may be returning to profitability are failing to mask the painful truth that vast quantities of toxic assets are still causing a stink on banks' balance sheets. Credit looks at the various plans being put forward to…
CDS: Spreads on US banks narrow
Credit default swap 5-year mid-levels for structured products issuers (Wednesday April 8)
CDS: Spreads widen on European banks
Credit default swap 5-year mid-levels for structured products issuers (Tuesday April 7)
Tear-ups reduce $5.5 trillion of outstanding CDSs, TriOptima says
Swedish technology firm TriOptima has eliminated outstanding credit default swap (CDS) trades worth $5.5 trillion so far this year through its triReduce service, the company said today.
CDS: European financials continue to narrow, Credit Suisse at 169.66bp
Credit default swap 5-year mid-levels for structured products issuers (Monday April 6)
CDS 'big bang' could see 18% increase in tear-ups, Markit says
Changes to credit default swap (CDS) contracts due to come into force on April 7 could result in an upturn in trade-compression activity, according to market information provider Markit.
CDS: Spreads tighten on European banks
Credit default swap 5-year mid-levels for structured products issuers (Friday April 3)
CDS: Bank spreads narrow after Wednesday's widening
Credit default swap 5-year mid-levels for structured products issuers (Thursday April 2)
CDS: Spreads widen on both European and US financials
Credit default swap 5-year mid-levels for structured products issuers (Wednesday April 1)