<t>hi thanks. Would u be able to expalin why mezz hasnt widened out so much? Also to confirm i understand if index widens from 25 to 26 then according to the numbers below we would expect 3-7% to widen 5.2 bps (leverage) and 7-10% to widen 1.4bps. In reality mezz doesnt widen as much as 1.4 bps - ma...

I have seen some headlines recently stating that as Index has tightened equity and mezz have both tightened but on a delta-adjusted basis equity has tightened but mezz has widened. Would anyone pls be be able to explain to me the logic behind this process and what it means practically? Thanks

would some one also be able to send me any presentations on this structure pls. thanks

would some one also be able to send me any presentations on this structure pls. thanks

what i dont understand is why if one is equity tranche long but delta hedged why does it become positive to neg carry over time. Am not understanding what is happening here. Any feedback most appreciated, Thanks.

hi, can u explain in more detail how the time decay affects this chnage in subordination?

<t>Hi, would someone be able to give me a thoroughe xplanation of time decay as it affects Tranches in Credit. I have read a lot of definitions on it but none seem to clarify the picture. I understand that it is simply isnt the carry on a trade but is effectively the roll-down the curve so would i b...

u know where i can pick these up - r they in this forum by any chance?

Anyone out there can help me with this please. Thoughts most appreciated. Thanks

Hello, would someone be able to explain to me the concept of CPPI and Leveraged Super Senior Structures? What our their characteristics and how they are different from e.g. an old fashioned Super Senior Structure. Thanks

Hi, would someone be able to post this article in this forum as I would very much like to read the article. Thanks

Sorry to bother u chaps again but anyone got any info on this please

<t>Hello, I have read many articles here about using base correlation to price Index tranches. If one was pricing an off-the run tranche does one simply apply a linear interpolation off the correlation skew? I have been hearing that process is incorrect and that further calculation needs to be perfo...

<t>Thanks Erstwhile for your help again. I looked at the Indexco website and discovered that if a name in the basket defaults it has a recovery rate of zero - e.g if you have notional 50m with each name constituting 0.8% then if a name goes the total notional oustanding falls from 50m to 49.6m. Coul...

<t>Thanks Erstwhile for your help again. I looked at the Indexco website and discovered that if a name in the basket defaults it has a recovery rate of zero - e.g if you have notional 50m with each name constituting 0.8% then if a name goes the total notional oustanding falls from 50m to 49.6m. Coul...