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Isda puts credit default swap notionals at $30 trillion
Friday, April 23, 2010
In its 2009 year-end survey of the size of the over-the-counter derivatives market, Isda calculates that there was $30.4 trillion of credit default swaps outstanding at the end of last year. This is down only 3% on the middle of last year, but 21% lower than at the end of 2008. According to the trade association, the decline reflects the industry’s success in compressing the number of overlapping outstanding trades.
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Funds
Structured
CFlux secondary
CLO index levels:
| Index | 14 May |
|
| CFlux USD AAA | ↑ | 96.0 |
| CFlux USD AA | ↑ |
87.7 |
| CFlux USD A | ↑ | 85.1 |
| CFlux USD BBB | ↓ | 77.2 |
| CFlux USD BB | ↑ |
75.9 |
| CFlux USD EQ | ↓ | 76.7 |
