Credit derivatives an structured creit: the nascant markets of Asia and the Pacific

Eli M Remolona and Ilhyock Shim

BIS Quarterly Review, 2008

Abstract: 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-codes: G12 G13 G15 (search for similar items in EconPapers)
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