Latest News for: Credit default swaps

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Foreign fund flows into S. Korean stock market in 5 months

Sina 12 May 2021
Premium on the credit default swap (CDS), which gauges sovereign credit risk on the country's five-year government bonds, averaged 21 basis points in April, down 1 basis point from the previous month ... Enditem. .
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October 5, 2008: Wall Street's financial crisis

CBS News 09 May 2021
Steve Kroft examined a vast unregulated shadow market in leveraged bets called "credit default swaps" ... .
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Global Casinos: Financial Markets Are a Fraudsters Paradise

GlobalResearch 07 May 2021
He stated. ... In 2020 the total value of derivatives trades was $600 trillion.(9) There are a wide variety of derivatives, some of them incredibly complex, with names such as futures, options or swaps. This includes some of the investments that were at the heart of the frauds committed during the financial crisis, such as Credit Default Swaps (CDSs) ... *.
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'Korea's credit default swap premium lowest since 2008 global financial crisis'

Korea Times 06 May 2021
Korea's credit default swap (CDS) premium, an indicator that shows the country's risk of national bankruptcy, hit its lowest level since the global financial crisis in 2008, advancing the prospect of a faster economic recovery amid the COVID-19 pandemic, the finance ministry said Thursday ... The lower the premium, the lower the risk of default.
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Korea's debt risk premium at lowest since global financial crisis

Korea Times 06 May 2021
The spread on credit default swaps (CDSs) for South Korea's 5-year dollar-denominated currency stabilization bonds came in at 19 basis points Wednesday, according to the Ministry of Economy and Finance ... The spread on CDSs reflects the cost of hedging credit risks on corporate or sovereign debt.
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S.Korea's sovereign credit risk hits 13-year low on strong resilience: vice minister

Sina 06 May 2021
Premium on credit default swap (CDS), which gauges credit risk on the five-year government bond of South Korea, declined to 19 basis points in New York overnight ... Lee said South Korea's sovereign credit risk has been on the decline since April, noting that it reflected how foreign investors see the Asian economy.
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We must study the MSME credit gap before we can fix it

Live Mint 06 May 2021
In the last decade, significant strides have been made to grant micro, small and medium enterprises (MSMEs) access to credit, but more remains to be done ... It has been almost two decades in the making, and everything from credit default swaps to interest derivatives were thrown in to achieve it, but with limited impact ... MSME credit gap.
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The Premonition by Michael Lewis review – a pandemic story

The Guardian 05 May 2021
He has since repeated the trick, though with fewer autobiographical elements, with an impressive range of subjects, from statistical analysis in baseball ( Moneyball ) to the credit default swap market and the 2008 financial crisis ( The Big Short ) ... It’s a little grandiose, but it’s an accurate enough elevator pitch ... ....
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DoubleLine Yield Opportunities Fund Declares May 2021 Distribution

MENA FN 03 May 2021
... default, as well as increased susceptibility to adverse economic developments ... In addition, the Fund may invest in other asset classes and investments such as, among others, REITs, credit default swaps, short sales, derivatives and smaller companies which include additional risks.
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Colombian currency plunges on finance minister resignation report

Al Jazeera 03 May 2021
The tax bill was intended to raise revenue to defend Colombia’s investment-grade credit rating and address a surge in poverty caused by the pandemic by funding social programs and providing cash transfers for its neediest citizens ... The country’s five-year credit default swap jumped to the highest in a month. Another Blow ... Street Protests ... .
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Cost to protect against default by banks surges 20%

The Times of India 29 Apr 2021
The cost to insure against a potential default by Indian banks has risen about a fifth in the past two weeks as various states imposed local curbs on mobility and businesses. Credit Default Swaps (CDS), an insurance against default, tied to ICICI Bank ... If the issuer defaults, the investor’s loss would be covered.
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Chatham Asset Management Sends Letter To R.R. Donnelley

The Trentonian 29 Apr 2021
As R. R ... As a testament to the company's exemplary recent operating performance, we note that the CDS (credit default swaps) spread has tightened meaningfully, from roughly 1,620bps in May 2020 to 475bps currently. Importantly, that spread tightening move to sub-500bps is technically significant as the credit shifts from "points upfront" to "spread."
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SGX Nifty jumps 143 points; here's what changed for market while you were sleeping

The Times of India 29 Apr 2021
CDS costs rise to first Covid wave levels… The cost to insure against a potential default by Indian banks has risen about a fifth in the past two weeks as various states imposed local curbs on mobility and businesses. Credit default swaps, an insurance against default, tied to ICICI Bank.
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Record defaults are clouding India’s resilient equities, bonds

Business Line 28 Apr 2021
Credit markets are sounding warnings for other asset classes amid India’s unprecedented surge in Covid-19 cases ... Credit ... Credit-default swaps for State Bank of India -- considered a proxy for India’s default risk -- widened to a 9-month high this week, before dropping back Tuesday after the news about the US vaccine assistance, CMA data show.
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Record defaults cloud India’s resilient equities, bonds

The Times of India 28 Apr 2021
Credit markets are sounding warnings for other asset classes amid India’s unprecedented surge in Covid-19 cases ... Credit ... Credit-default swaps for State Bank of India -- considered a proxy for India’s default risk -- widened to a 9-month high this week, before dropping back Tuesday after the news about the U.S.
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