Credit risk
Canada opens its borders
A change in regulation allowing investors to hold more debt issued by non-Canadian entities has proved a fillip to the country's bond markets. Nadia Damouni looks at how the credit markets in Canada are evolving
Synthetic ABS is hot property
The emergence of credit default swaps on ABS has led to the development of an index of these securities. Nadia Damouni looks at the prospects for this rapidly evolving corner of the market
Synthetic ABS is hot property
Asset-backed securities
Deutsche Bank extends leveraged loan CDS market
The bank goes from trading bilaterally to launching LLCDS market
Canada opens its borders
A change in regulation allowing investors to hold more debt issued by non-Canadian entities has proved a fillip to the country's bond markets. Nadia Damouni looks at how the credit markets in Canada are evolving
Winner: J Sainsbury
This month's innovative deals in the debt capital markets are a CMBS offering from J Sainsbury, Comcast's $2.25 billion deal and RBC's Logan CDO II
CDS boost for pension funds
Pension fund managers have traditionally shied away from using credit derivatives. But in the current climate of ultra-narrow spreads, trying to outperform the market without using credit default swaps could prove to be a major handicap, as Sarfraz Thind…
Market graphic - A tough 12 months for credit
Suki Mann, senior credit strategist at Societe Generale, looks back over the past year in credit to see if we can extrapolate any pointers for the future
Derivatives dealers step up efforts to slash trade backlog
Industry parties unveil the next initiative in the fight to improve credit derivatives settlement
Germany's balancing act
German Pensions
From India to Russia
Akash Mohapatra speech
ISDA AGM - Isda AGM highlights - A meeting of minds
Special Report
Breaking the fall
Cover story: CMS spreads
India - Personalities - Passages from india
Special Report
A new breed
Credit Derivatives
Wrong way risk modelling
Beyond its potential impact on counterparty risk exposure, the wrong way risk arising in some derivatives transactions raises important modelling challenges. Christian Redon presents two suitable models based on conditional expected exposure. Among…
FSA outlines four main issues for Basel II implementation
Matthew Elderfield, head of the FSA’s major retail groups division, has outlined the key issues for Basel II as well as thematic priorities of the authority’s approach to banking supervision.
Isda proposes net physical settlement
The International Swaps and Derivatives Association has released a draft of the net physical settlement supplement to the 2003 credit derivatives definitions, which aims to simplify the settlement of credit default swaps (CDSs) after a credit event.
Isda AGM Singapore: Dana CDS index protocol published
The International Swaps and Derivatives Association has published a protocol solution to facilitate the settlement of credit derivatives trades involving Dana Corporation, which filed for bankruptcy on March 3, 2006.
Standard confirmation for preferred CDS hammered out
Eight dealers have agreed upon standard documentation for preferred credit default swap (CDS) transactions. The new standards will likely enhance liquidity of the nascent market.
Facing the Four Risks
CIOs must prepare for threats that could spell disaster for their firms, so how can they survive in dangerous waters?