Free content
-
Moody's Investors Service sparked a trading frenzy in the credit derivatives market last week when it downgraded Metso Corp. to Ba1 from Baa3. -
-
In a Feb. 19 letter, Bill Gross, chief investment officer, and CEO Bill Thompson, are defending the firm on charges it allowed so-called sticky and late trading.
-
Raphael Geys, head of European fixed-income sales at UBS in London, has left the firm.
-
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.
-
Chris Roberts, a high-yield analyst at Tejas Securities, commenting on RCN's bank debt.
-
Terwin Money Management, the buy-side arm of a structured products specialist, is looking to manage its debut collateralized debt obligation and plans to be a regular issuer of structured finance liabilities.
-
Thrivent Financial for Lutherans is looking to buy $20 million in mortgage-backed securities, a move that will be financed through the sale of Treasuries.
-
The Republic of Italy launched its first ever Australian dollar bond, a A$1bn 4-1/2 year global issue, to an enthusiastic and admiring marketplace yesterday (Thursday).
-
Creditex has launched an electronic brokering platform for credit-default swaps referenced to indices, such as iBoxx and TRAC-X.
-
Scott Draper, a senior equity derivatives trader at Banc of America Securities in New York, has joined Susquehanna International Group as an equity derivatives sales trader.
-
Lehman Brothers has promoted Andrew Morton and Tarun Jotwani to co-heads of fixed income.
