<t>Hey everybody,I've been talkting about this issue to several people in the industry but no one seems to know anything specific. Last july Eurex announced that it has received the licence to introduce a futures contract referencing iTraxx Main maybe until end of 2005. I've heard about some problem...

I think Bloomberg built up a pretty good history of CDS spreads during the last year. The only problem is, that it's mostly not more then two or three years of historical data.

I don't like the GFI-CDS-Data! Not consistent at all!!!But at least it's from actual trades.-Sam-

<t>Hi, if you have access to bloomberg you can get it for free. Dresdner (DRCD) and HypoVereinsbank (HVCD) provide their quotes for free.Just use the ticker CDCXE5 DRCD Cmdty to get the CDS ("C") for Daimler ("DCX") in Euro ("E") for a 5 year period ("5") provided bei Dresdner Kleinwort Wasserstein....

Didn't find the other papers right now!-Sam-

sorry, but you'll have to wait for someone else! don't have that book! -Sam-

<t>I would say you've two different things here. The forward PV is calculated with the current yield curve and so increasing floating payments over time. That's why the forward PV of a IR swap is always zero (at the beginning). But if you take into account, that the current forward rates are not goi...

I forgot to mention that I'm based in Germany! But suggestions about the treatment in other countries would also be welcome!!!

<t>Can anyone tell my how CDS-Bond-Basis Trades (say bond and CDS long) are treated in the trading book concerning the capital requirements? Or in other words: Does a CDS result in a capital reduction for a bond if it's in the trading book? If not I can hardly imagine any basis trades being profitab...

I guess I have some more aspects that have not been mentioned yet:- effective Exposure- Counterparty Risk- Spread-Widening Trends- new bond offerings- convertibles- accounting regulations- accrued interest- ...just my two cents...-Sam-

Hey, concerning your data: Wouldn't it make sense (and be pretty simple) to use the FMC for BBB-companies in Bloomberg? I just can't tell you how good they are in the history! And as they have curves for different sectors you may have to combine them!-Sam-

me tooo!!! -Sam-

don't you think the pricing tools and stuff could be worth it? is all the stuff from his book included as well?-Sam-

That's all I could find right now! But it looks like they don't price it at all, if there are no proper prices distributed!-Sam-