Credit Notionals Falls 12% At Half-Year

25 Sep 2008

The notional outstanding value of credit derivative business decreased by 12% in the first six months of the year to USD55 trillion from USD62.2 trillion at the end of December, according to a mid-year survey by the International Swaps and Derivatives Association.

--Jeanine Prezioso

The notional outstanding value of credit derivative business decreased by 12% in the first six months of the year to USD55 trillion from USD62.2 trillion at the end of December, according to a mid-year survey by the International Swaps and Derivatives Association.

The drop was attributed to industry’s ...

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