Pages from Secondary Trading Settlement Monthly - January 2020 Executive Summary

On Monday, February 24, U.S. stock indices recorded their worst decline in two years on concerns the coronavirus outbreak would continue to spread and begin to undermine global economic growth.  In the loan market, bid levels indiscriminately dropped 18 basis points to begin the week, which worsened February’s price decline to 32 basis points.

Downloads
File
Secondary-Trading-Settlement-Monthly-January-2020-Executive-Summary.docx

Become a Member

Membership in the LSTA offers numerous benefits and opportunities. Chief among them is the opportunity to participate in the decision making process that ultimately establishes loan market standards, develops market practices, and influences the market’s direction.

View Current Members

Our Partners

cusip-global-services-vector-logo.svgFitch Group logoRefinitiv-(March-2019)SP-Global-Market-Intelligence
Total Results: 

Search Results by Relevancy

Mutual Fund Exemptive Relief

On March 26, 2020, the Securities and Exchange Commission's Division of Investment Management issued a no-action letter providing emergency relief to registered open-end investment companies…

Ratings, Rescue Packages and CLOs

Companies are being downgraded at a furious rate due to the ongoing Covid-19 crisis. Unprecedented downgrades could limit CLOs’ ability to reinvest (and hence continue…

Loan Market Rallies Off Its Lows

Finally, the markets have seemed to found a bottom, or at least a temporary reprieve from the record setting declines witnessed over the past two…