Credit default swaps market fell 14% in 1st half of year

12/7/2009 | Bloomberg · (subscription required)

The Bank for International Settlements says the financial crisis prompted investors to avoid credit derivatives in the first half of the year, causing the market to shrink. The amount of credit default swaps fell 14% as the broader market for over-the-counter derivatives grew, according to a report from the Switzerland-based bank.

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