Loan-Linked Swaps Set for Takeoff

French, Jeff
November 2005
Investment Dealers' Digest;11/14/2005, Vol. 71 Issue 43, p7
Trade Publication
The article reports on trends pertaining to the market for standardized credit default loan-linked swaps (CDS) in the United States and Europe. Banks in both countries are working privately to create a liquid international market for CDS. The International Swaps and Derivatives Association has even issued a call for participation in creating a market standard for the product. Market analysts say that the creation of the CDS market would merge the leveraged loans and credit derivatives markets.


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