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news, comment, analysis and data on the global business of credit trading and investing
Bankruptcy
...Bankruptcy remote
See special purpose vehicle.Basis point (bp)
...Basis trade
This strategy is designed to take advantage of the difference (the basis)...Basket
See nth-to-default basket.Bespoke CDO or bespoke tranche
A synthetic CDO in which the investor chooses the names in the reference...Bespoke tranche
See Bespoke CDO.Bid-offer spread
The difference between the buying (bid) and selling (offer) price of any asset...Binary Credit Default Swap
A credit default swap using binary settlement.Binary settlement
A pay-out following a credit event that is a fixed amount rather than par less a...BlueBay Asset Management
BlueBay Asset Management was founded in 2001 and is one of Europe's largest...Bond floor
See constant proportion portfolio insurance.Borrowed money
...British Vita
British Vita is a UK-based, private chemicals company with €633 million ...Broadly syndicated loan
a loan issued by a relatively large company by contrast with a middle market...Bwic
See Bids-wanted-in-competition.
