Weekly Issue Archive »

Issue 119 - January 14th

• News Analysis

  • CDO

    • Investment prospects

      Japan prepares for increased CDO issuance, while investors in Asia take a cautious view

      Japanese synthetic CDO issuance is predicted to rise in 2009, with the potential to return to levels...

  • Real Estate

    • Cramdown calamity

      Valuations and losses expected to worsen if bill is passed

      The US Congress last week introduced legislation to permit bankruptcy cramdowns, thereby enabling ju...

  • • Liquidity regained?

      Plans to revitalise CMO trading get go-ahead

      Proposals aimed at breathing new life into the CMO sector have been given the green light by industr...

  • CDS

    • Positive beta

      Further pressure on sovereign CDS expected

      Italian five-year sovereign CDS and the Markit iTraxx Crossover index have been highly correlated fo...

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• News

  • CLOs

    • CLO spreads stable as distressed appetite emerges

      Trading in the structured finance secondary markets got off to a positive start on both sides of the...

  • Indices

    • Two-month low for counterparty risk

      Counterparty risk fell to a two-month low last week as US and European governments' various faciliti...

  • Ratings

    • Growing risks addressed in European deals

      Fitch is developing two new criteria reports in response to growing risks within many European struc...

  • Trading

    • Mortgage credit trades recommended

      US securitisation research analysts at Barclays Capital have identified four trades that they believ...

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• The Structured Credit Interview

  • Investors

    • Seeking sustainable returns

      Indranil (Neil) Basu, managing partner of Pearl Diver Capital, answers SCI's questions

      Neil Basu Q: When did your company become involved in structure...

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• Job Swaps

  • • UniCredit pair joins asset manager

      The latest company and people moves

      UniCredit pair joins asset manager Jochen Felsenheimer has joined independent European financial as...

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• News Round-up

  • • US home price declines ease

      A round up of this week's structured credit news

      US home price declines ease LoanPerformance November HPI data shows cumulative home price declines...

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• Research Notes

  • CDS

    • Understanding basis for discount bonds - part 1

      In the first of this two-part series, Barclays Capital quantitative credit strategists Arup Ghosh, M...

      With the prevalence of significantly negative basis packages, the question of how best to measure an...

  • Trading

    • Trading ideas: housing boom?

      Dave Klein, senior research analyst at Credit Derivatives Research, looks at a capital structure arb...

      Homebuilder CDS rallied hard since mid-November and, amid market anticipation of government stimulus...

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