Issue 88 - May 14th
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Data
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CDR Liquid Index data as at 12 May 2008
Source: Credit Derivatives Research
Index Values Value ...
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News
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Statement of intent?
Rating agencies get tough on leveraged loans and CLOs
S&P's proposal for improving the transparency of the European leveraged finance market appears...
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Pre-placement activity
CDPCs bring some liquidity to the market
A new dynamic has emerged in the synthetic CDO sector, whereby arrangers are pre-placing super-senio...
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At a crossroads
Idiosyncratic risk to spur iTraxx trading?
Correlation appears to have reached a crossroads in Europe. Traders report that the market is waiti...
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Questions, questions
Uncertainty grows over how other agencies will approach CSOs
The structured credit market has, on the whole, welcomed Fitch's refinement of its corporate CDO me...
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Job Swaps
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Mitsubishi buys into Aladdin
The latest company and people moves
Mitsubishi buys into Aladdin Mitsubishi Corporation has agreed to purchase 19.5% of structured cre...
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News Round-up
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Moody's adds SF rating enhancements ...
A round up of this week's structured credit news
Moody's adds SF rating enhancements ...Moody's is introducing two supplemental measures to its stru...
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Research Notes
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FHA rescue falters and recovers
The impact on the ABX index of a potential veto of the FHA rescue plan is discussed by Glenn Boyd, h...
The Bush administration released a statement of administration policy (SAP) last week threatening a...
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Trading ideas: time to pay the toll
Byron Douglass, senior research analyst at Credit Derivatives Research, looks at a pairs trade on To...
We just can't seem to get our heads around the recent rally in the homebuilders. Yes, they may rece...
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