Two New Studies about CDS Auctions [PDF]
Government Bonds As ISDA set the date for Greek CDS auction on March 19, my research discovered two new university studies, which discuss the credit default swap settlement auctions. The PDF papers were published in late 2011 and come from Stanford University, London ...
CDS Holders Payout not matching Greek Bonds Losses
Government Bonds Bond holders of Greek debt, who have protected their investment by CDS insurance, might not get paid the money they lost, although ISDA set the CDS auction for March 19 after deciding on a credit event and therefore a trigger for the swaps. So, a $100,000 ...
Greek CDS at 25,000bps, Banks Calling for PSI
Government Bonds “Hello sir, this is your bank calling regarding the voluntary exchange of bonds, known as PSI exchange. Will you participate and lose 46% 54% of your bond’s value?” That is in short the phone call several private bond holders are receiving from ...
Italian Bond Auction Shows Demand For Short-Term Debt, Produces Record Setting Yields
Government Bonds Following Monday’s stock market rally, United States markets opened higher ahead of another meeting of finance ministers in the Euro zone who are coming under pressure to find a permanent solution to the lingering debt crisis in the region, although ...
Bond Auctions In Euro Zone Highlight Fear In The Market
Government Bonds US markets were trending higher on Friday on thin volume after closing lower for six days in a row. Investors snapped up beaten down sectors ahead of the stock market’s 1 pm closing, with technology and financials leading all ten sectors of the ...
Markets nervous as Spain and Italy bond yields rise
Government Bonds The Euro was trading heavily today as both Spanish and Italian sovereign debt forced it to lose the gains that it had made during the Asian market. Traders were particularly concerned about the rising bond yields of both countries which, have been exposed ...
Rating Agencies: Over Rated?
Government Bonds Until pretty recently, only financial journalist and the investment community would have heard of the major ratings agencies; Fitch’s, Moody’s and Standard and Poor’s. However, as the sovereign debt crisis has raged in Europe for the past year and ...
Game Over for Greece, 5 Year Bond soars to 20%
Government Bonds If the default of Greece was a video game, we would be playing at the final stage just before the Game Over screen! Since Standard & Poor’s gave the country the world’s lowest credit rating this week, the Greek government seems unable to handle ...
Understanding A Bond The Simple Way, And Learning To Trade In It!
Bonds Bond is a type of security that can be said to be somewhat of a loan. A loan is an amount that is borrowed from another party and paid back in full with or without interest. Bonds are similar to loans except that, they are issued by corporations, institutions ...
The Value of Premium Bonds
Premium Bonds Understanding premium bonds by sheer definition is easy since they are simply bonds that are worth more than its par value. But if you are not well-versed on the different economic terminologies, buying a bond could be a risky business, unless you fully ...
