Cost of securitisation may rise as counterparty risk is scrutinised
Bringing a securitisation to the market may become more expensive, insiders say, as rating agencies and financial institutions more thoroughly scrutinise counterparties and concerns about risk increase. "In the past, pricing was the dominant factor in choosing a derivative counterparty. Since the fall of 2008, corporates are more diligent in who they trade with and under what terms," said Pawan Malik, managing director at Navigant Capital Advisors.
Structured Credit Investor (U.K.) | 28 Oct.
This story published in SIFMA Global SmartBrief on 10/29/2009
Get stories like these delivered daily for FREE:
|
SIFMA Global SmartBrief
Designed specifically for investment bankers, broker-dealers, and mutual fund professionals around the globe, SIFMA Global SmartBrief is a FREE e-mail newsletter. By providing a summary of the day's most important financial markets news, SIFMA Global SmartBrief saves you time and keeps you smart. Sign up today to receive SIFMA Global SmartBrief, FREE of charge. Learn more |
|