Libor Transition Vexes Collateralized Loan Obligations Market

  • 📰 WSJ
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 63%

Sverige Nyheter Nyheter

Sverige Senaste nytt,Sverige Rubriker

The global $1 trillion market for collateralized loan obligations is lagging behind in the transition away from Libor

The global $1 trillion market for collateralized loan obligations is lagging behind in the transition away from the London interbank offered rate.

While some companies, lenders and markets have moved swiftly to adopt a replacement for the scandal-marred , low-rated borrowers have been slower to adapt. That is causing headaches for managers of collateralized loan obligations—pools of low-rated corporate loans bundled together into securities.

 

Tack för din kommentar. Din kommentar kommer att publiceras efter att ha granskats.
Vi har sammanfattat den här nyheten så att du kan läsa den snabbt. Om du är intresserad av nyheterna kan du läsa hela texten här. Läs mer:

 /  🏆 98. in SE

Sverige Senaste nytt, Sverige Rubriker

Similar News:Du kan också läsa nyheter som liknar den här som vi har samlat in från andra nyhetskällor.

Santoli’s Tuesday market notes: S&P 500 pushes the rally further, but the climb is looking a little tiredNew for subscribers: Santoli’s Tuesday market notes: S&P 500 pushes the rally further, but the climb is looking a little tired. Check out CNBCPro today.
Källa: CNBC - 🏆 12. / 72 Läs mer »