Haircuts Could Doom CDS, Say Bankers
Bankers have expressed concern that if banks are forced to take hefty haircuts on Greek debt without it triggering a payout of credit default swaps, it could spell the end of CDS.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts