Credit Market Grows to Everyone's Advantage
- Standard Docs For Loan CDS? Kantin, Kerry // Investment Dealers' Digest;2/20/2006, Vol. 72 Issue 7, p10
The article reports on the proposal of a standard documentation for credit default swaps by a committee on market participants in the U.S. This move serves as a response on the effort of several investment bankers in demonstrating progress in the backlogged settlement of credit derivatives. The...
- Credit Derivatives: Making a Market. Kentouris, Chris // Securities Industry News;12/20/2004, Vol. 16 Issue 41, p1
Reports on the growth in the use of credit derivatives in the U.S. as of December 20, 2004. Automation of the industry from trading through back-office services; Components of the swaps committee; Difficulty in the valuation of over-the-counter credit derivative contracts.
- DERIVATIVES & STRUCTURED PRODUCTS. // Bond Buyer;12/2/2003, Vol. 346 Issue 31772, p32
Presents information on the trading of derivatives and structured products in the U.S., compiled as of December 5, 2003. Municipal swap index; Index-linked municipal swaps; Swap rates and bond yields.
- N.Y.C. Seeks Swap Advisers for GOs, TFA, Water Authority. O'Brien, Elizabeth // Bond Buyer;8/9/2005, Vol. 353 Issue 32192, p6
Reports on the search for swap financing advisers for general obligation, the Transitional Finance Authority, and the Municipal Water Finance Authority in New York City. Value of the general obligation debt restructuring; Amount of swaps outstanding on its debt; Inclusion of the city recovery bonds.
- High Yield Damsels in Distress. Sheahan, Matthew // Investment Dealers' Digest;3/3/2008, Vol. 74 Issue 9, p13
The article focuses on the status of distressed debt in the U.S. A Standard & Poor's Corp. report reveals that the distressed bond ratio accelerates to 16.9 percent in February 2008. Such debt is defined as speculative-grade credits that have option-adjusted spreads of more than 1,000 basis...
- Back-Office Prescriptions. Kentouris, Chris // Securities Industry News;6/5/2006, Vol. 18 Issue 22, p10
The article highlights the evolution of the credit derivatives market in the U.S., particularly its deployment of the straight-through processing (STP). The growth of credit default swaps (CDS) in parallel with hedge funds are discussed. A survey conducted by the International Swaps &...
- Central Clearinghouse Planned To Reduce Counterparty Risk In Credit Default Swaps Market. Platt, Gordon // Global Finance;Jul/Aug2008, Vol. 22 Issue 7, p70
The article reports on the growth of credit default swaps (CDSs), the most widely traded credit derivatives in the market. A CDS is an agreement between two counterparties in which the buyer makes periodic payments to the seller in return for a promised payoff if a third party defaults. To date,...
- TA Targets Trading--Again. Kutler, Jeffrey // Securities Industry News;6/6/2005, Vol. 17 Issue 22, p8
Reports that TA Associates will acquire stake in the credit derivatives venue Creditex in the U.S. Benefit of the deal to Creditex; Factors that contribute to the enhancement of Creditex's maturity as an e-trading platform for credit default swaps; Remarks of TA principal Jonathan Meeks on...
- Derivatives & Structured Products. // Bond Buyer;8/21/2007, Vol. 361 Issue 32696, p28
Several charts are presented depicting the U.S. municipal swap index, index-linked municipal swaps, and swap rates versus bond yields.