India CDS Ratings Plan Draws Mixed Views

The Reserve Bank of India is planning to require that all credit default swaps have rated underlyings because it believes CDS spreads alone should not be relied upon by investors. But some traders are unsure the ratings will be heeded.

  • 08 Mar 2010
--Daniel Flatt

The Reserve Bank of India is planning to require that all credit default swaps have rated underlyings because it believes CDS spreads alone should not be relied upon by investors. But some traders are unsure the ratings will be heeded.

The RBI is concerned that spread movements can ...

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