Monoline Default Could Trigger Rush To Deliver Cheap Bonds
Investors who sold protection on monoline insurers are concerned that, in the event of a default, they may end up with bonds wrapped by the monolines and which are now trading for nearly nothing.
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
- ✔ European securitization issuance database
- ✔ Daily newsletters across markets and asset classes
- ✔ 1 weekly securitization podcast