Pre-migration untagged articles

Equities continue to set the tone for a volatile and heavily traded credit default swaps market. "We've been trying to decouple from the equity markets but for the most part failing," said Marcus Schüler, head of integrated credit marketing at Deutsche Bank in London.

Treacherous markets forced Russia's MDM Bank and Bahrain's Investcorp to postpone bond issues this week. The deals were the only two emerging market Eurobonds due to be priced this week in the European time zone.

Treacherous markets forced Russia's MDM Bank and Bahrain's Investcorp to postpone bond issues this week. The deals were the only two emerging market Eurobonds due to be priced this week in the European time zone.

The EuroCP market enjoyed another busy week, with the mid-month rollovers of CP by asset backed commercial paper conduits adding to the strong issuance. Yesterday (Thursday) was slower, however, with the holiday in Germany playing a factor.

Solent Group, the UK asset manager that specialises in collateralised debt obligations (CDOs), is close to signing a new SIV-Lite, arranged by Barclays Capital.

Volatile credit markets frightened off all but the bravest European corporate issuers this week as struggling equity markets and concerns about data ensured a choppy market.

The US corporate bond market entered a disturbing phase this week, where not even juicy new issue concessions could guarantee the successful performance of a transaction.

The US corporate bond market entered a disturbing phase this week, where not even juicy new issue concessions could guarantee the successful performance of a transaction.

The US corporate bond market entered a disturbing phase this week, where not even juicy new issue concessions could guarantee the successful performance of a transaction.

Continued volatility in the global equity and commodity markets led to a week of mixed fortunes in the EuroMTN market, with some bankers bemoaning the lack of activity while others reported being pleasantly surprised the market was so busy.

One of the features of the credit derivatives market in London over the past week has been the widening basis and the arbitrage opportunities that have opened up for trading accounts — chiefly hedge funds. The basis — or skew — refers to the difference between the indices and the aggregate price of the names that constitute each index. In theory, the two should be equal but in practice differences open up between them.