Asia-Focussed CDOs Touch Down
GlobalCapital, is part of the Delinian Group, DELINIAN (GLOBALCAPITAL) LIMITED, 4 Bouverie Street, London, EC4Y 8AX, Registered in England & Wales, Company number 15236213
Copyright © DELINIAN (GLOBALCAPITAL) LIMITED and its affiliated companies 2024

Accessibility | Terms of Use | Privacy Policy | Modern Slavery Statement
Derivatives

Asia-Focussed CDOs Touch Down

UBS and other firms in the region firms are starting to market collateralized debt obligations referencing Asian debt.

UBS and other firms in the region firms are starting to market collateralized debt obligations referencing Asian debt. Domestic credit structures and managers have been gaining favour because investors are looking to diversify into Asian names (DW, 9/29).

Ryan Chan, executive director in global credit derivatives at UBS, declined comment on the details of the firm's deal. He noted, however, the Asian credit-default swaps market and iTraxx indices are now deeper, making it possible to issue Asian-based deals. Liquidity in the Asian iTraxx is important because it is used by dealers to hedge CDO issuance.

Related articles

Gift this article