Carillion impact gauged

Category: Capital Relief Trades CDO

Previous Story       Next Story

Capital relief trade issuers and investors have been assessing the effect of Carillion's default on the market, following news of its impact on HSBC's Metrix transaction (SCI 19 January). Market consensus indicates that such a default is an idiosyncratic event.

"Corporates have had low default rates and the CRT asset class has been very resilient since the crisis.

Already registered?

Not yet registered? Join today to access SCI Content.