All material subject to strictly enforced copyright laws. © 2022 Euromoney Institutional Investor PLC group
Derivatives

CVA desks tap out-of-the-money payers on Ukraine woes

Paola Lamedica

CVA and loan desks are buying April to June payers between 15bp-20bp out-of-the-money on the iTraxx Main and CDX IG volatility, reflecting the more cautious tone in credit markets over the political tensions in Ukraine.

Unlock this article.

The content you are trying to view is exclusive to our subscribers.

To unlock this article:

Take a Free Trial or Login
We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree