As officers at the frontline of risk management in the Bank, you are expected to be conversant with the risk management process that is being implemented at the Bank, and there is no better platform to provide that opportunity than now! To this end, the programme of that this workshop is organized in such a way as to be highly interactive. Therefore, I urge you to feel free to ask as many questions as possible. With these few words, it is now my singular honor and privilege to declare this workshop officially open. I thank you. 2  BIS Review 71/2008
Jul. Oct . Jan.  Apr. Jul. Oct . Source: JP Morgan Chase & Co and Merrill Lynch. (a) The difference between: US CDX crossover index and a BB rated US corporate bond index; and European iTraxx crossover index and a European BB-B rated corporate bond index. This is because the iTraxx crossover index has a lower average rating than the CDX crossover.