Weekly: Clariant CDS bubbles higher
Swiss-based chemical maker, Clariant, saw a record amount of credit default swap activity for the week ended February 18, 2011. In the company’s second appearance on the active list this year (the...
View ArticleWeekly: TEPCO powers up the swap markets
Japanese nuclear energy company, Tokyo Electric Power (or TEPCO) exploded onto the most active list for the first time ever during the week ended March 18, 2011. Not surprisingly, the reason for the...
View ArticleHoneywell joins list of companies pricing loans with CDS
Honeywell International recently filed an 8-K statement with the SEC informing investors of the details of a new 5-year $2.8 billion credit line with several banks including Citibank, JP Morgan Chase,...
View ArticleWeekly: Italy unseats Spain
Italy edged out Spain for most active credit default swap based on weekly volume for the week ended April 29, 2011. It was the first time Spain has not been on top in two months, though overall volumes...
View ArticleWeekly: France most active last week
France came out as the most active name last week albeit in a week of lower-than-usual industry volumes. France saw almost $2.4 billion in gross notional trade for the week ended May 6, 2011....
View ArticleLarge American bank CDS prices
An update on some of the large American bank CDS prices which are rising again on continued concerns over European sovereign debt exposures (in addition to a plethora of other worries): Citigroup 147...
View ArticleAre Canadian banks the safest in the world
While pricing data and quotes on Canadian bank CDS is somewhat spotty (which itself could be interpreted as a signal of market strength since liquidity is often driven by demand, especially to protect...
View ArticleAustralian creditors left with bitter taste
The Australian brewer of the county’s most popular Victoria Bitter (VB) beer, Foster’s Group, has seen its credit default swaps rise after British-South African brewer SAB Miller launched a hostile bid...
View ArticleAmerican banks reacting to Italy
American bank credit default swaps are soaring in response to Italian contagion fears. They have previously released details about their individual exposures to Italian sovereign and/or corporate or...
View ArticlePanrico LCDS auction result
Spanish doughnut maker, Panrico, recently had its European loan credit default swap (ELCDS) auction which set a final price of 8.125 on November 23, 2011. There were 5 participants (Credit Suisse,...
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