Will Anyone Actually Trade Bonds Anymore,
By
Easy Tips
—
Sunday, 15 July 2018
—
Credit Tips
So let's say you owned some Clear Channel Communications bonds and you wanted to eliminate the credit risk, but for whatever reason, you didn't want to sell the bonds. You sell a credit default swap, and if Clear Channel defaults, you simply sell your bonds to the other party at par. You pay for the protection in the form of a fee, which in practice is similar to the LIBOR spread of a floating-rate bond of the same issuer.
CDS have come to dominate corporate bond trading, because its a cleaner way of achieving credit exposure. Rather than try to find a specific bond, which may or may not be available, you simply short the CDS, which pays you the spread you wanted anyway. CDS can also be more liquid than specific bond issues, which makes it a good place for hedge funds to speculate on movements in the credit market. If the CME goes through with their program, it would make derivatives trading all the more attractive over cash corporates for large institutional investors. Will anyone actually trade bonds anymore,
Read about one identity theft tip that many people forget to do as far as signing the back of their credit and debt cards. A second credit card agreement that I inspected has a paragraph titled “Sign The Card” in bold, capital letters. “For your own protection, please sign the Card before using it.
In other words, if you do not sign your card, but use it to make purchases, you are still on the hook to make the payment. A blank signature line is not a “get out of jail” card to avoid paying the credit card bill. A smart store clerk or restaurant server will be attentive to missing credit card signatures, but not just because they are concerned about your identity protection.
If they process an unsigned credit or debit card, they could end up being held responsible and have to eat the loss themselves. As I was preparing to write this I also inspected my Bank of America debit card. On the back it has much simpler language than the Best Buy credit card. “Authorized Signature Not Valid Unless Signed” in all capital letters underneath the signature space. Those four words put merchants on notice that if they process the card without an authorized signature the transaction could be declared invalid in the event a dispute was filed.
Another feature that Bank of America has had for many years is that they will put your picture on the front of your card. The photo is taken right in the branch. This provides a huge added layer of identity protection for when you shop at a store or dine out. You can’t have too many forms of photo identification in your wallet. Do not take credit and debit card signature lines for granted. They serve an important role in identity protection for credit card holders. Nathan Randall, editor, Daily Dollar Newsletter provides free daily advice on money matters plus coupons and discount codes. FYI…you can now access the Daily Dollar Newsletter via iTunes podcast, YouTube video, and on Facebook and Twitter too.
Your Scotiabank credit card can give you convenient access to credit for your everyday purchases and expenses. However, in the event of your death or the diagnosis of a covered critical illness, this convenience could become your family's financial obligation. Credit Protection can remove these worries. Credit Life Protection can pay off the outstanding loan balance on your credit card account in the event of your death, removing these worries from your loved ones.
Critical Illness Protection is a living benefit, which means that the outstanding loan balance on your credit card account can be paid in the event you are diagnosed with a covered critical illness (specifically heart attack, cancer, or stroke). If you already have life protection, you may want to add critical illness coverage or consider joint coverage. As a Scotiabank credit card customer, it’s easy to take advantage of this important offer of protection.
Where should I get my credit score, If this is something that you have been asking for quite some time then your quest has come to an end. Do you know that it is easy to get your approval rating. In fact, you don't even have to leave your house.
This is because you can request for a copy of your it on the Internet. And the best thing about it is that you don't need to spend a single dime to get a copy of it. So if anyone will ask you money in exchange for your approval rating, ignore that person.
You have the right to get a copy of your it at least once a year and you don't have to spend money for it. Before you get a copy of your credit core, it is important that you gain an understanding of what is it at first. You can actually get a copy of it from any credit reporting company that has been approved by the Better Business Bureau. There are many such companies online. A quick search in Google or other search engines will reveal to you the names and the websites of these companies.
There is one things that you need to keep in mind though when it comes to choosing the right credit company. It would be best for you if you would stick with websites that are backed by a big credit reporting corporation. These websites have more credibility and are therefore more trustworthy than small sites. With big sites, you can also avail of other services such as credit monitoring and identity theft protection.
You must keep in mind though that you are not obligated to avail of these services in order to obtain a copy of your credit sore. Of course, you should not stop at just getting a copy of your credit score. You must take action depending on what your approval rating is.
If you have a high score then you must do things to maintain that score. If you have low score then you should not fret there are many people like you. You can get out of that situation by doing a few things that are proven to improve credit scores. You won't be able to boost your credit score overnight but you can take steps that will lead you out of your financial rut.