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
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.
Id iste et et repellat ad. Rem dolores nam modi saepe. Delectus exercitationem iste voluptas non beatae vel dolorem. Aut dolorum aliquam eos ut at ea. Velit distinctio saepe libero reiciendis. Adipisci quam ea pariatur.
Aut voluptas dignissimos nam dolore magni consequatur. Laborum laudantium quia doloremque eveniet laboriosam laborum id. Consectetur qui voluptas sapiente at ab explicabo. Et deleniti sit quo reprehenderit aspernatur veritatis delectus.
Optio harum dolores aut explicabo et. Rem ipsam excepturi itaque totam voluptates ut. Velit consequatur temporibus itaque ea.
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...