Most Commented

Credit Suisse employees set to dominate CDO market in 2012,... 10 days ago - 6 Comments
"So how are the bankers going to MTM their position? In all practical sense this makes a lot of sense. I guess one could do a similar thing for stock…"
Bank sub debt restructuring results in first over par CDS... 1 day ago - 2 Comments
"Agree with the comment below, but the person who wrote it meant to say that the Buyer of protection will not need to make a payment to the Seller due…"
US charges former Credit Suisse CDO head Serageldin with fraud 1 day ago - 2 Comments
"Frankly I'm astonished that it has taken 4 years to get to this point. It was clear who the relevant individuals were in the $bn CS loss. They left CS…"
Large CLO investor picks up majority equity tranche 3 days ago - 2 Comments
"An annualized return of about 40% cash on cash sounds right to me. Libor floors and buying loans at a discount are beautiful things. Yes, you're invested in the wrong…"
Investors get mauled after buying new Spanish corporate bond 3 days ago - 2 Comments
"ONO bond issue becomes "Ohh No ! ""
Highland files CLO warehouse lawsuit against lawyers, reports... 7 days ago - 2 Comments
"I can understand Highland saying it wouldn't knowingly rely on a warehouse loan that is cancelable at any time. But they do need to read the agreements they sign."
Barclays submits offers for a 2005 CLO 11 days ago - 3 Comments
"Didn’t Avalon 3 have a similar fact pattern? Super senior holder with control to liquidate. What ever happened with that par call?"
Super-sized demand drives burger bonds to record low yield 21 hours ago - 1 Comment
"This is "McDonald's" (ticker MCD). Given that the equity dividend yield is 2.8% and the total return to shareholders (dividend plus retained earnings) is greater than 5%, is it a…"
New Prudential CLO sells to third party investors 21 hours ago - 1 Comment
"Sayed Kadiri- According to market sources, Prudential has an equity investment in its latest deal and invests in all its Dryden CLOs. Dryden XXII is said to have had a…"
Citi prices a widely distributed $436.7 million CLO 1 day ago - 1 Comment
"Apparently Apollo not taking a fee on this refi"
Troubled telco Eircom seeks a buyer, reports Irish Times 2 days ago - 1 Comment
"Here's the compromise: (i) First-lien lenders take the haircut and extend maturity; (ii) Second-lien lenders have their debt converted entirely to equity; (iii) Current shareholders get to keep their original…"
Earnings discrepancies show confusion over DVA, says Quantifi 2 days ago - 1 Comment
"Just what we needed - more opacity in bank financial statements ...."
Problem with pirates could cost Dutch ISPs significant bounty 3 days ago - 1 Comment
"My vote is that "Pirate Bay" should change its name to "Robin Hood" or "Egalite" or something similar to improve its public image."
SEC looks into Deutsche Bank CDO shorted by Paulson 3 days ago - 1 Comment
"The Goldman - SEC settlement may have been $550 million rather than $500 million. The Deutsche and Abacus deals are different in some respects, but they're close enough for the…"
Europe sees another round of sovereign downgrades. 4 days ago - 1 Comment
"The lower ones are all still too high given their dependence on the ECB, IMF and other sovereigns for liquidity and perhaps solvency. These ratings imply it is 99% certain…"

Recent bond & loan issuance

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CFlux secondary 
CLO index levels:

Index
30 Jan
CFlux USD AAA  ↑ 94.6
CFlux USD AA  ↑ 81.9
CFlux USD A  ↑ 75.7
CFlux USD BBB  ↑ 73.4
CFlux USD BB  ↑ 69.9
CFlux USD EQ  ↓ 50.9

 

>> More information & historical data