Free content

This chart, provided by Citibank/Salomon Smith Barney Inc., tracks bid-ask prices for par credit facilities that trade in the secondary market. It also tracks facility amounts, ratings, pricing and maturities.

Structurers are circling distressed asset-backed debt as the next asset class for inclusion in collateralized debt obligations.

The Treasury Department released the latest data on foreign demand for U.S. dollar-denominated assets earlier this month.

Findexa, a little known Norwegian telephone directories company, is set to introduce a new brand of high yielding shares to the European equity market when it launches its Nkr3.5bn ($500m) IPO in May.

Protection sellers have begun adopting new features that allow them to manage their own single tranche deals by trading in and out of credits.

Bank of America has hired Renzo Arcoria, senior structured credit salesman at Bear Stearns, to be responsible for Southern European debt sales.

Deutsche Bank has re-hired Zar Amrolia, former co-head of corporate derivatives marketing at Goldman Sachs in London, according to a market official.

Leo O'Neill, the former president of Standard & Poor's, passed away this morning.

Merrill Lynch has hired four directors and an associate to staff up its corporate equity derivatives team in a bid to win market share.

Barclays Capital has hired Thierry Lucas, head of equity trading at Dresdner Kleinwort Wasserstein in New York, in a new position to head its equity derivatives trading operation in the U.S.

Platinum Capital Management, with USD300 million under management in six debt and equity funds, is looking to hire a fund manager for a new systematic commodities fund which will use derivatives.