Locked in a protracted political crisis over the extent of its indebtedness – and with its deficit running at over five per cent of GDP – France has earned itself the unwanted monikers of ‘the sick ...
A recent debt-for-nature swap in Belize employed an innovative private sector-led approach that refinanced a larger ...
To the extent there is a lesson, it is this: once you hedge out currency risk, each currency operates as its own separated ...
Discussions on sovereign ratings usually focus on how rating agencies view the creditworthiness of a country, as broadly judged by its government’s management of fiscal and other balances, among other ...
Sovereign risks are evident, and corporate earnings have impressed. However, these are known factors—it's time to look ahead. We remain bearish on high-yield credit, with the spread between high yield ...
Debt swaps pioneered by Credit Suisse to fund nature conservation are enjoying a second life, as bankers see an opportunity to apply the model to everything from post-war reconstruction to energy ...
The restructuring of Altice’s €24.1bn debt pile is set to provide the latest test for the US$9trn credit default swap market following months of wrangling over how to ensure a fair payout for ...
Discover how the Credit Default Swap Index (CDX) tracks corporate credit risks, offering investors tools for diversification and hedging within North American and emerging markets.
Max Keiser claims Bitcoin is evolving from a speculative asset to a hedge against global fiat collapse, like a Credit Default Swap. Keiser highlights stablecoins’ role in debasing the dollar, ...
The move comes as part of the firm’s push to expand its CDS client clearing services and marks the first FCM with a Canadian parent company, Royal Bank of Canada, to join ICE Clear Credit. Eric Aldous ...
Download PDF More Formats on IMF eLibrary Order a Print Copy Create Citation This note examines the transmission of credit risk of banks to the sovereign using the collapse of the Silicon Valley Bank ...
Investors are getting nervous the U.S. government might struggle to pay its debt — and they are snapping up insurance in case it defaults. The cost of insuring exposure to U.S. government debt has ...