Archive for the ‘FINANCIAL INSTRUMENTS’ Category

What is the ABX INDEX?

Monday, January 21st, 2008

An asset-backed securities index is a credit derivative instrument with asset-backed securities as an underlying. On January 17, 2006, CDS Indexco and Markit launched ABX.HE, a synthetic asset-backed credit derivative index, with plans to extend the index to other underlying asset types other than home equity loans. ABS indices allow investors ...