Latest News for: Credit default swaps

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Urgent need for strengthening of bond market: SEBI

Beijing News 16 Sep 2021
New Delhi , September 16 (ANI) ... He added that there was also the need for the development of credible credit default swap market. "Another important need is for the development of credible credit default swap market to facilitate transfer and management of credit risk in an effective manner," Tyagi said ... (ANI) ....
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Reforms in pipeline to deepen bond market: Sebi chief

The Times of India 16 Sep 2021
With the market currently skewed significantly towards higher rated bonds, having a credit ... Further, he said that another important need is for developing a credible Credit Default Swaps (CDS) market to facilitate transfer and management of credit risk in an effective manner.
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'Big Short' investor Michael Burry shared the thinking behind his iconic bet against the housing ...

Business Insider 14 Sep 2021
"The Big Short" investor highlighted risky loans and complacent credit-rating agencies ... Burry told them he was exploring an investment in credit default swaps linked to mortgage-backed securities, and had spotted a raft of red flags while digging through about 25 prospectuses over the past few days.
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'Big Short' investor Michael Burry offers an inside look at how his iconic bet against ...

Business Insider 13 Sep 2021
... mortgages at high risk of default, but not priced to reflect that danger ... He noted that Scion could bet against the questionable securities by purchasing credit-default swaps, an insurance-like derivative that would pay out handsomely if enough people defaulted on their mortgages.
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Businesses and Phoenix Global: Scalable, secure, and built with the end-user in mind

Cryptopolitan 13 Sep 2021
What is Phoenix Global? ... Business use cases of the Phoenix Global. Money market platforms ... Futures and options ... Synthetics ... Businesses and developers can use Phoenix Global to build and deploy highly decentralized consumer applications from yield farming, salaries payment, remittance companies, gaming, and NFTs to bonds, and credit default swaps ... ....
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ONCE UPON A TIME:  the relevance of history in risk management; part 4

B & FT Online 13 Sep 2021
... and ethics,” “collapsing mortgage-lending standards and the mortgage securitization pipeline,” deregulation of over-the-counterderivatives, especially credit default swaps, “the failures of credit rating agencies” to correctly price risk.
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Amses: We never saw it coming

Times Argus 11 Sep 2021
The 2008 financial implosion that shocked the entire world, did not shock one hedge fund manager, who foresaw the crises in 2005, first warning a riding high and disinterested Wall Street and going on to develop what he called “credit default swaps”, betting on his instincts and making hundreds of million dollars when it all came crashing down ... ....
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Sri Lanka central bank chief steps down as reserve crisis deepens

Al Jazeera 10 Sep 2021
Sri Lanka’s risk premium for a default is among the highest in Asia, with the five-year credit default swaps at 1,338.12 basis points as of Thursday ... The monetary authority unexpectedly raised its benchmark interest rate in August, citing the role of low credit cost in a sustained increase in imports, which led to a widening of trade deficit ... .
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Foreigners sell S.Korean stocks for 4 months

China.dot.org 10 Sep 2021
SEOUL, Sept ... Foreign capital worth 4.45 billion U.S ... Premium on credit default swap (CDS), which measures credit risk on the five-year government bonds, averaged 18 basis points in August, unchanged for the third consecutive month. Enditem .
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Sri Lankan central bank chief steps down amid economic emergency

The National 10 Sep 2021
Sri Lanka’s risk premium for default is among the highest in Asia, with the five-year credit default swaps at 1,338.12 basis points as of Thursday ... The monetary authority unexpectedly raised its benchmark interest rate in August, citing the role of low credit cost in a sustained increase in imports, which led to a widening of the trade deficit ... .
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NBFCs should lend more in sub-AAA Space: Sanjeev Sanyal

The Times of India 09 Sep 2021
"We are keen to expand the NBFCs. There is a big role for them" ... Besides the government has also allowed bilateral netting which facilitates capital saving and development of a responsible credit default swap markets that protects risks, he said underscoring the need for policy makers and market player to work closely ... .
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Acting US Comptroller Hsu says he’s looking to the lessons of 2008 for crypto regulation

The Block 09 Sep 2021
Acting Comptroller of the Currency Michael Hsu says he's looking to the past to find the tools to regulate the crypto industry ... More than a decade ago, shadow bank activity and considerable market froth — held together by hyped and under-regulated products like credit-default swaps — led to what became known as the Great Recession ... Time pressure ... ....
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Buy when the Big Boys Buy, and It Seems Some of the Big Boys Are ...

FX Empire 01 Sep 2021
The shift I am referring to is that the most recent report derived from data collected for the week of August 24 clearly showed that money managers have been positioning themselves based on the assumption that gold is moving higher ... American billionaire John Paulson who made $4.9 billion using credit default swaps to effectively bet against the U.S.
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Billionaire John Paulson Warns Cryptocurrencies Will Be Worthless, Bitcoin Too Volatile to Short

Bitcoin 31 Aug 2021
Billionaire hedge fund manager John Paulson, famed for making a fortune betting against the U.S ... “Even though I could be right over the long term, in the short term, I’d be wiped out,” he explained ... He foresaw the subprime mortgage crisis and bet against mortgage-backed securities by investing in credit default swaps ... .
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Billionaire Who Predicted 2008 Housing Crash Says Bitcoin Is “Worthless”

NewsBTC 31 Aug 2021
“Bitcoin is a bubble” is something that has been thrown around a lot ever since the last bull run began in 2017 ... The bear market that followed seemed to validate this for the next few years ... Related Reading ... The billionaire had used credit default swaps to bet against the housing market, which looked to be in its subprime ... Related Reading ... Source.
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