By David Wigan LONDON, July 26 (Reuters) - Recovery swaps, a derivative that allows bets on payments to bondholders after corporate defaults, are growing in popularity as tight spreads fuel demand for higher-yielding investments, bankers in London say. Investor interest in the swaps has been stoked by a rising oil price and higher interest rates, which have piled pressure on troubled businesses, giving speculators a chance to bet on those they believe are most exposed. The trend has ...
Premium Content (PAID Subscription Required)
"Recovery swaps in demand for yield boost - bankers" is part of the paid WardsAuto Premium content. You must log in with Premium credentials in order to access this article. Premium paid subscribers also gain access to:
All of WardsAuto's reliable, in-depth industry reporting and analysis
Hundreds of downloadable data tables including:
• Global sales and production data by country
• U.S. model-line inventory data
• Engine and equipment installation rates
• WardsAuto's North America Plant by Platform forecast
• Product Cycle chart
• Interrelationships among major OEMs
• Medium- and heavy-duty truck volumes
• Historical data and much more!
For WardsAuto.com pricing and subscription information please contact
Lisa Williamson by email: email@example.com or phone: (248) 799-2642