Tuesday, May 22, 2007

EMI Group, Grohe Holding: European Credit-Default Swap Market Movers

(Bloomberg) -- The risk of owning European corporate
bonds fell today, according to traders in the credit-default
swaps market.

Contracts based on 10 million euros ($13 million) of debt
included in the iTraxx Crossover Series 7 Index fell 2,000 euros
to 193,000 euros, according to JPMorgan Chase & Co.


Read more at Bloomberg Bonds News

1 comment:

Anonymous said...

i read the article..have any idea of all the minimum requirements to open an institutional acct. in credit swaps (i’m owner of an institution)???