9 Pages Posted: 15 Jul 2012
Date Written: June 9, 2008
Nascent markets for credit derivatives and structured credit in Asia and the Pacific were poised for rapid growth when the global financial turmoil hit. While there has been no significant deterioration in the quality of the underlying names, credit markets in the region have been swept up in the global widening of spreads and aversion to structured finance.
JEL Classification: G12, G13, G15
Suggested Citation: Suggested Citation
Remolona, Eli M. and Shim, Ilhyock, Credit Derivatives and Structured Credit: The Nascent Markets of Asia and the Pacific (June 9, 2008). BIS Quarterly Review, June 2008. Available at SSRN: https://ssrn.com/abstract=1517668
By Hans Genberg