Mariah downgrade spurs trading but depresses index
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Mariah downgrade spurs trading but depresses index

14 July 2011
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The downgrade of the tornado-struck Mariah Re 2010-1 bond caused the cat bond pricing index to falter this month, but sparked trading in the notes as investors speculated on the likelihood of more tornadoes this year.

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Topics

News Catastrophe bonds Secondary trading July 2011/1
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