Sentences with phrase «default swaps»

Credit default swaps on several banks, or the cost of insuring their bonds, surge.

You can get obsessive about the anecdotes, or you can follow a real market indicator, the credit default swaps on state debt.

The credit default swaps market doesn't think so.

Now they utilize a whole range of different measurements, which can include credit default swap spreads and profitability.

He also supports senior loan, municipal bond and credit default swap indices by providing oversight of content used in marketing materials.

During the financial crisis, we created an index that tracks credit default swap prices for the major banks and brokers across the world.

Credit default swap derivatives, which merely spread the risk, will no longer do.

In the case of a portfolio credit - linked note, the rate reflects the combined creditworthiness of a portfolio of companies underlying the credit default swap rather than a single company.

Why not use credit default swap rates to determine credit quality rather than the «official» bond ratings?

Credit default swaps provide a measure of protection against previously agreed upon credit events.

It is structured as a security with an embedded credit default swap allowing the issuer to transfer a specific credit risk to credit investors.

The market for credit default swaps bears watching, but thus far we haven't observed spikes to indicate that something major is imminent.

Credit default swap Anyone who owns a bond faces two main risks.

These are financial outsiders that are about to show the banks a serious lesson when they use their economic skills to bring them down with a brave move in the credit default swap market.

As far as the credit default swaps on the insurance subs, exactly what is the reference issue and the trigger?

This leads the corporate bond market default in tandem with rising credit default swaps spreads.

It's quite clear that if there is systemic failure that default swaps also fail.

A gap between credit default swap rates and bond yields reflects that.

They've become the credit default swaps of the education world.

I'm sure Deutsche has also tried to off - load credit exposure thru the use of credit default swaps with hedge funds and other shadow banking participants.

Additionally, MBIA's investment management services operations enter into single - name credit default swaps as part of its asset management activities.

They could buy protection via credit default swaps [CDS] to hedge their potential losses.

«In a few weeks Mike Burry bought several hundred million dollars in credit default swaps from half a dozen banks, in chunks of $ 5 million.

For the test, Markit generated smart contracts from credit default swap trade confirmations, including the economic terms of the deal and permissions management into a blockchain - based system.

Or you could try buying default swaps on SLM's debt, but you'd better read the CUISP prospectus on the debt first, and then the swap contract.

With the introduction of credit default swaps referencing mortgage products in 2004 - 2005, it is not surprising that market participants would consider synthetic CDOs in the context of mortgages.

Corporate Credit spreads may alternatively be earned in exchange for default risk through the mechanism of Credit Default Swaps which give an unfunded synthetic exposure to similar risks on the same «Reference Entities».

They also valued their credit - default swaps at $ 527 billion.

The cost of insuring against a default on Hungary's government bonds with credit default swaps fell to 687 basis points, compared with 692 basis points on Jan. 6 and 735 basis points on Jan. 5, the highest close on record.

After all, AIG was already writing financial reinsurance through default swaps on such mortgages, why not add to a winning bet?

There might be fires brewing that are immediately being reflected in credit default swaps while the media is focused on perhaps an improving issue or a recent overthrow in a larger, more well - known country.

What we don't know the state of credit default swaps held by banks against sovereign debt and against European banks, nor do we know the state of CDS held by British banks, nor are we certain of how certain the exposure of British banks is to the Ireland sovereign debt problems.»

When the investors in the Big Short predicted the Global Financial Crisis by examining the credit quality of the bonds underlying the popular mortgage - backed securities, they purchased credit default swaps against the MBSs & CDOs and profited tremendously.

Stuff I'm Reading this Morning... Whistleblower Harry Markopolos says Credit Default Swap fraud will top the Madoff ponzi.

The Markit iTraxx Europe Index, which includes credit default swaps tied to European companies deemed investment grade, reached 56 basis points on July 10 compared with 53 basis points on June 26.

«JPMorgan Chase & Co.'s losses in the 2012 London Whale case were the result of CDS [Credit Default Swap] usage which was undertaken to obtain regulatory capital relief on positions in the trading book.»

The graphic below illustrates the credit default swap transaction between the risk «seller,» who is also the protection «buyer,» and the risk «buyer,» who is also the protection «seller.»

For example, in the movie there's a notable scene where Jamie and Charles are dancing around in joy at the thought of profiting once their credit default swaps pay out.

acting in English High Court proceedings to determine the Noteholder's rights to terminate credit default swaps following a rating downgrade of the swap counterparty.

Global Competition Review Awards 2016 Behavioural Matter of the Year — Europe (European Commission credit default swap investigation, John Davies)

; In re Polyurethane Foam Antitrust Litigation (N.D. Ohio); and In re Credit Default Swaps Antitrust Litigation (S.D.N.Y.).

Previously he was part of ICAP's Post Trade Risk and Information Business division working on initiatives to remove, neutralize and rebalance risk within credit default swap portfolios.

Turkish five - year credit default swaps rose to 215 basis points (bps) according to data from IHS Markit, the highest level since mid-November, and up 6 bps from Tuesday's close.

The cost of insuring Vivendi bonds using credit - default swaps increased as much as 4 basis points, or 2 percent, to 203 basis points today, according to Bloomberg prices.

Bair writes: «It was taking losses on credit default swaps entered into with weak counterparties....»

In 2009, ICE launched its second credit default swap clearing house, ICE Clear Europe giving it an early lead in the global CDS clearing space.