Euro crisis drives up use of collateral in OTC derivatives, finds survey

money

Over-the-counter derivatives counterparties needed to post substantially more collateral towards the end of last year, driven by concerns about downgrades of financial insitutions, the eurozone debt crisis and reductions in interest rates that caused shifts in yield curves, says the International Swaps and Derivatives Association.

The findings come from the derivatives trade association's annual collateral survey, which estimates the amount of collateral circulating in the non-cleared OTC deriva

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: