Swap rates vs. bond yields

February 1998
Bond Buyer;02/09/98, Vol. 323 Issue 30327, p36
Trade Publication
Presents a graph reflecting fixed-coupon bond and synthetic bond ratings created from variable-rate debt and a swap deal in the United States as of February 5, 1998.


Related Articles

  • S&P Analyst: Swap Insurance Helped Credits Survive Katrina Downgrades. Ackerman, Andrew // Bond Buyer;6/28/2006, Vol. 356 Issue 32412, p6 

    The article reports on the role of insurance of swap agreements to help credits survive the downgrading of ratings in the U.S. A financial analyst claims that the swap insurance was able to limit the impact of the downgrades on the issuers that had been devastated by the Hurricane Katrina. The...

  • Derivatives & Structured Products.  // Bond Buyer;5/27/2008, Vol. 364 Issue 32886, p7 

    Several charts are presented that list the Securities Industry and Financial Markets Association's (SIFMA) Municipal Swap Index, index-linked municipal swaps, and trends in swap rates compared to bond yields.

  • S&P Lets HFAs Have Lower Swap Counterparty Ratings. Koning, Rachel // Bond Buyer;10/12/98, Vol. 326 Issue 30497, p4 

    Reports that Standard & Poor's has changed its rating criteria for municipal bonds in the United States to allow state housing finance agencies(HFA) to join the ranks of other municipal swap market participants whose counterparty rating can be below the rating on the underlying bonds. Reason...

  • Moody's to Recalibrate Ratings on Taxable Munis, Swap Obligations. Herman, Jack // Bond Buyer;2/18/2009, Vol. 367 Issue 33064, p7 

    The article reports on the move of Moody's Investors Service Inc. to recalibrate its existing global scale ratings on taxable municipal bond issues and municipal issuers' obligations under swap transactions in a move that will result in lower ratings in some, but not all, cases in the U.S. It...

  • Fitch director: The quality of a swap can have some sway over ratings. Koning, Rachel // Bond Buyer;05/17/99, Vol. 328 Issue 30642, p33 

    Focuses on Fitch IBCA Inc. managing director Katherine McManus's comments during the Council of Infrastructure Financing Authorities conference, on the effect of the quality of swap deals on credit ratings for underlying bonds. Four areas involving swaps that are evaluated for quality; Issues...

  • Moody's Drops Chicago to Baa2. Shields, Yvette // Bond Buyer;3/02/2015, Vol. 1, p1 

    Moody's Investors Service delivered a blow to Chicago, downgrading the city one notch to Baa2 and maintaining a negative outlook, citing daunting pension obligations.

  • Illinois Woes Laid Bare in Offering Statement. Shields, Yvette // Bond Buyer;1/7/2016, Vol. 1 Issue 34440, p1 

    Illinois' first bond offering statement in 20 months lays out a trove of warnings about the state's stressed fiscal condition, from failed pension reforms and budget gridlock to its weakened credit and negative swap valuations.

  • Derivatives & Structured Products.  // Bond Buyer;5/25/2010, Vol. 372 Issue 33322, p7 

    Several graphs are presented which depict the municipal derivatives and structured products in the U.S. including the municipal swap index, index-linked for municipal swaps, and swap rates vs. bond yields.

  • Derivatives & Structured products.  // Bond Buyer;6/1/2010, Vol. 372 Issue 33325, p5 

    Several charts are presented which depict bond derivatives and structured products in the U.S. including the municipal swap index, municipal swaps, and bond yields.


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics