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ABX index

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ABX index
Index created by the firm Markit. It is based on the price of credit default swaps on the index's constituent mortgage backed securities. A decline in the the ABX Index indicates that the market associates more risk with subprime mortgages.


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25 billion in one day as the ABX index finally began to drop.
The ABX Index is a series of credit-default swaps based on 20 bonds that consist of subprime mortgages.
Study Explores Subprime Voluntary Prepayments in ABX Index Deals- SAN FRANCISCO, Dec.
 
 
 
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