Icelandic Banks: Sitting On The CDS Volcano - Sector Article - 2008/03/30 - CreditSights

Report title: Icelandic Banks: Sitting On The CDS Volcano

from CreditSights
1941 word report published Mar 30, 2008

Price $150.00 available for immediate download HTML

Report Overview

Search Inside

Abstract: As Glitnir's CDS soar through 1000 bps, we ask why the market seems so worried about the Icelandic banks

Brief Excerpt: Icelandic Banks: Sitting On The CDS Volcano As Glitnir's CDS soared through 1,000 bps last week, we take another look at the reasons why the market seems so worried about Icelandic banks The banks' reliance on wholesale foreign currency...

Report Type: Sector Article
Source: CreditSights Inc
Free Sample: Click Here to Download

Enter the keyword(s) which you would like to search for within this document and click "Search"

Also from CreditSights

Icelandic Banks' Recovery Position $150.00
Preliminary balance sheet numbers from Kaupthing and Glitnir imply higher than expected recoveries - but we are not convinced
Icelandic Banks Update: Tiptoeing Through The Rubble $150.00
Still waiting for the fog to clear over Iceland
Euro Financial Movers: Raising The White Flag $150.00
Now banks with emerging markets exposure feed market concerns
Icelandic Banks: Bye Bye Bondholders? $150.00
Prospects for recovery rates are receding as the Icelandic banks are restructured
Iceland Update: Behind The Barricades $150.00
Retrenchment, retreat and restructuring, but a lack of information for bondholders
Icelandic Meltdown: Honey I Shrunk The Banks $150.00
Icelandic banks are finally imploding, but the government response is chaotic
Funding Forensics: Bailing Out European Banks $150.00
Do recently rescued European banks share the same funding weaknesses? And are they found in other banks?
Euro Financial Movers: Intervention Heaven and Hell $150.00
State interventions - from capital injections to guarantees to forced nationalisations - brought heaven or hell to bank shareholders last week. We have looked at funding profiles and other characteristics that put banks on the critical list

CreditSights
CreditSights is an independent research platform comprised of a team of analysts with both buy-side and sell-side experience in the U.S. and overseas. CreditSights' research focuses on global corporate and sovereign issuers, which have securities that are actively traded in the corporate bond, credit derivatives and/or equity-linked markets. Sector coverage is broad-based and includes telecom, technology, and media; autos and general industrials; utilities and energy; financial services; commodity cyclicals; retail and consumer products; and aerospace and defense. Emerging markets coverage includes the major Latin American, Asian and Eastern European countries. The focus of CreditSights research is to help investors make decisions by distilling and interpreting significant developments and specific events affecting individual companies, industries, or the securities markets as a whole.

Price: $150.00

Free Sample

Questions about
this research?

Send to a friend