Record levels reached in iBoxx TRS
IHS Markit analysis shows that notional iBoxx Total Return Swap contract volumes reached a record peak of $23.9bn in June.
The contracts enable investors to gain or hedge exposure to the credit market.
The latest high represents a three-fold volume increase for the contracts compared to June 2015. The previous high was $19.3bn, which occurred in March this year.IHS Markit said rises in iBoxx TRS volumes on ...