Sentences with phrase «default swap transactions»

Not exact matches

Senior financial supervisors from seven countries (collectively, the Senior Supervisors Group) today issued a report that assesses how firms manage their credit default swap activities related to the settlement of credit derivatives transactions terminated by the occurrence of a credit event.

For example, the credit default swap (CDS) market is a proven model for establishing a single trade record warehouse to collect and maintain data for all global CDS transactions and to hold a «golden source» record which serves the public good.

«It's disruptive in a positive way in a sense that it enables the banks to have a golden source of data on the status of their credit default swaps in terms of all their trading transaction with their peers.

A credit default swap is a transaction where one party buys protection against the default of a corporate credit from another party.

Referring to just two sets of transactions, the complaint says, «on information and belief, the net decrease in value to the funds as a result of the May 3 novation of credit default swaps... was $ 6,199,587 [and]... as a result of the May 8 novation of credit default swaps was $ 10,9111,290».

Also, each insured credit default swap the Company enters into is governed by a single transaction International Swaps and Derivatives Association, Inc. («ISDA») Master Agreement relating only to that particular transaction / insurance policy.

The investment management services operations have entered into derivative transactions primarily consisting of interest rate, cross currency, credit default and total return swaps and principal protection guarantees.

We generally provided credit default swap protection on the most senior liabilities of structured finance transactions, and at inception of the contract our exposure generally had more subordination than needed to achieve triple - A ratings from credit rating agencies (referred to as «Super Triple - A» exposure).

Since December 31, 2006, the Company's portfolio of insured structured credit default swaps has become increasingly concentrated in transactions where the underlying reference obligations comprise commercial mortgage - backed securities, asset - backed collateral including residential mortgages of high grade collateral, in addition to corporate securities.

This recent widening of spreads on our credit default swaps could impact the perception of our financial condition by MBIA Corp.'s insured bondholders and counterparties and could affect their willingness to purchase MBIA Corp.'s insured bonds and to continue to enter into transactions with MBIA Corp..

The Company generally provided credit default swap protection on the most senior liabilities of structured finance transactions, and at inception of the contract its exposure generally has more subordination than needed to achieve triple - A ratings from credit rating agencies (referred to as «Super Triple - A» exposure).

The majority of these structured credit default swaps relate to structured finance transactions with underlying reference obligations of cash securities and credit default swaps referencing liabilities of corporations or of other structured finance securitizations.

To that end, those authorities must be in a position to impose temporary restrictions on the short selling of certain stocks, credit default swaps or other transactions in order to prevent an uncontrolled fall in the price of those instruments.

Representing a European Bank over many years in a series of interbank disputes arising from the conduct, execution and settlement of derivative transactions, including, interest rates swaps, currency swaps, bonds and repo trades on Eurex, OTC options, credit default swaps, and an Argentinian MTN programme.