Loan Trading
Does anyone know anything about Loan sales and trading? What's the differences between that and trading say like Mortgage, corporate bonds, swaps..etc
Does anyone know anything about Loan sales and trading? What's the differences between that and trading say like Mortgage, corporate bonds, swaps..etc
+32 | Help: GS SF S&T vs JPM NY S&T | 20 | 1d | |
+15 | Full Time Timeline | 1 | 2d | |
+13 | Iron Ore Trading? | 12 | 23h | |
+12 | Tips for a beginning commodities trader? | 1 | 3d | |
+12 | Job roles with more client experience | 1 | 4d | |
+9 | I had my superday friday afternoon, when do you think I will hear back? | 1 | 4d | |
+9 | Best programming languages to learn for energy trading | 1 | 4d | |
+7 | Questions as a college freshman | 2 | 3d | |
+6 | Question on SA 2025 SnT timings | 0 | 10h | |
+6 | Global Rates Structuring at BB | 2 | 5d |
Career Resources
The market just isn't as liquid as bonds, primarily due to the major difference in bonds and loans; bonds are public loans are private. This leads to greater admin whilst getting deals through.
The portfolio you're buying the loans onto is then also part of covenant decisions, having to consent to waivers, attend investor presentations etc....
The loans market is much more of a relationship business, with most BBs holding to maturity. However the LMA (in the UK) are pushing for more standardised documentation to increase liquidity and evolve the secondary market, which is quite active, into something more akin to the bond market.
Accusamus dolores consequuntur aliquam placeat. Iure perferendis et delectus quis officia officiis.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...