Credit Default Swaps

Wednesday, 06 December 2023

Latest News for: Credit default swaps

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Turkey’s total reserves up at record $140 billion: Bankers

Gulf Today 05 Dec 2023

... last two weeks suggests that “capital inflows accelerated...probably due to foreign swap entries.” ... Turkey’s credit default swaps (CDS), which rose to 700 basis points at mid year, were down to 337 on Monday, data from S&P Global Market Intelligence showed.

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Corporate bond market to more than double to Rs 100-120 lakh crore by fiscal 2030, says CRISIL

Financial Express 04 Dec 2023

Growth may get a leg up if the regulators address some key issues, such as relaxing the investment restrictions on corporate bonds rated below ‘AA’ for insurance and pension funds and fortifying the credit default swaps market,” said Ramesh Karunakaran, Director, CRISIL Ratings.

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What banks really mean when they put trillions into ESG

Hastings Tribune 04 Dec 2023

Such products can come in the form of currency hedges related to deals that claim to have an element of sustainability, or as sustainability-linked derivatives (SLDs), ESG credit-default swaps, exchange-traded derivatives on listed ESG-linked equity indexes, as well as ...

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Markets pin hopes on soft landing, with one eye on recession risk

CyprusMail 01 Dec 2023

The Bank of England has urged lenders not to underestimate the risk of loan defaults as higher inflation and rates hit vulnerable borrowers ... Yet corporate debt markets show little concern, with the cost of insuring exposure to junk bonds in Europe through credit default swaps this week hitting the lowest since April 2022.

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African leaders want debt relief for climate action

Economist 30 Nov 2023

... idea is to swap debt for climate action, thus killing two birds with one stone ... Credit-rating agencies may consider swaps a form of default, depending on how they are structured.\nFor all their intuitive appeal, swaps are a cumbersome way to invest in protecting the climate.

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SEC Enacts New Rule to Shield Investors in Asset-Backed Securities

CoinGape 29 Nov 2023

The Securities and Exchange Commission (SEC) has introduced a robust rule designed to eliminate conflicts of interest in the sale of asset-backed securities (ABS) ... SEC’s Rule 192. A Closer Look ... Notably, this includes practices such as short selling of the relevant ABS and buying credit default swaps or other derivatives linked to the ABS ... ....

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AllianceBernstein Global High Income Fund, Inc. RELEASES MONTHLY PORTFOLIO UPDATE

Victoria Advocate 28 Nov 2023

Portfolio % ... 8) Ford Motor Credit Co ... Credit Default Swaps ... Credit Default Swaps ... Credit Default Swaps ... Total Return Swaps ... Swap Offsets ... Credit Rating ... * Investment Operations may include the use of certain portfolio management techniques such as credit�. default swaps, dollar rolls, negative cash, reverse repurchase agreements and when-issued securities.

photo: Creative Commons

A Wall Street sign is shown in the Financial District, Manhattan, New York

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Wall St regulator adopts Dodd Frank rule against trader conflicts

Reuters 28 Nov 2023

Nov 27 (Reuters) - The U.S ... The SEC move is mandated by the Dodd Frank law, aimed at eradicating behavior seen in the 2008 global financial crisis ... The rule blocks "securitization participants" from entering deals that involve shorting or buying credit-default swaps against those same securities ... Our Standards ... Acquire Licensing Rights ... U.S.

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AllianceBernstein National Municipal Income Fund, Inc. RELEASES MONTHLY PORTFOLIO UPDATE

Victoria Advocate 28 Nov 2023

NEW YORK, Nov. 28, 2023 /PRNewswire/ -- AllianceBernstein National Municipal Income Fund, Inc.�(the "Fund") today released its monthly portfolio update as of October 31, 2023 ... Top 10 Fixed-Income Holdings. Portfolio % ... 2.79�% ... Credit Quality Breakdown ... AAA ... certain portfolio management techniques such as credit default swaps, dollar rolls, negative cash,.

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Short Selling Regulation: consultation – sovereign debt and credit default swaps (HMT - UK Her Majesty's Treasury)

Public Technologies 22 Nov 2023

). The text version of this document is not available ... Disclaimer ... (noodl. 114656479) .

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Turkish CB’s total reserves rise to $134.5b, highest level since 2014

Gulf Today 21 Nov 2023

Picture used for illustrative purposes ... Total reserves are now $36 billion higher than the $98.5 billion level at the end of May, following the elections ... Those funds entered Treasury accounts on Nov.14. Turkey’s credit default swaps (CDS), which rose to 425 basis points at the start of November amid geopolitical concerns, fell on Monday ... .

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BIS: FX Derivatives Soar Double-Digit in H1 Boosted by High Interest Rates

Finance Magnates 16 Nov 2023

BIS' report for mid-2023 highlights a surge in interest rate derivatives (IRDs) and FX derivatives ... Additionally, BIS' report highlighted the increasing rate of central clearing, particularly in credit default swaps, which reached a record high of 70%. Despite this, the clearing rate for credit default swaps (CDS) remained below that for the IRDs.

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Türkiye's 5-Year Credit Default Swaps Plunges To Over 2-Year Low

MENA FN 15 Nov 2023

(MENAFN - AzerNews) In a positive sign, Tu–rkiye's five-year credit default swaps (CDS) dipped to an over two-year low on Tuesday, Azernews reports, citing Anadolu Agency. Analysts said this was ... .

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Türkiye's 5-year credit default swaps plunges to over 2-year low

Anadolu Agency 15 Nov 2023

In a positive sign, Türkiye's five-year credit default swaps (CDS) dipped to an over two-year low on Tuesday ... US annual consumer inflation decreased to 3.2% in October from 3.7% in September, according to figures released Tuesday ... .

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News Analysis: Retrospective tax likely to earn cash-strapped govt Rs44bn

The News International 15 Nov 2023

According to bankers, even the banks that confirmed LCs gave higher rates to Pakistani banks of up to 8 percent, given the unstable macroeconomic conditions of the country and the default risk as measured by credit default swaps.