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Structured
Swiss Re tears up CSOs
Thursday, February 18, 2010
Announcing its full year results, Swiss Re says it unwound almost all of its CSOs in 2009. The insurer says it terminated substantially all of its portfolio credit default swap exposures, and liquidated several positions from its legacy structured credit default swaps book.
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CFlux secondary
CLO index levels:
| Index | 6 Feb |
|
| CFlux USD AAA | ↑ | 94.9 |
| CFlux USD AA | ↓ | 81.3 |
| CFlux USD A | ↓ | 75.0 |
| CFlux USD BBB | ↑ | 74.8 |
| CFlux USD BB | ↑ |
72.1 |
| CFlux USD EQ | ↑ | 67.6 |
