Includes bibliographical references and index.
|Statement||Mark J.P. Anson ... [et al.].|
|Series||The Frank J. Fabozzi Series|
|Contributions||Anson, Mark Jonathan Paul.|
|LC Classifications||HG6024.A3 C74 2004|
|The Physical Object|
|Pagination||x, 341 p. :|
|Number of Pages||341|
|LC Control Number||2004298033|
Credit Derivatives, Revised Edition, fills the gap, explaining the credit risk market clearly and simply, in language any working financial professional can understand. The authors first explain the underlying principles of credit, and the various risks associated with extending loans and other types of academyrealtor.com: George Chacko. Book Description. The credit derivatives industry has come under close scrutiny over the past few years, with the recent financial crisis highlighting the instability of a number of credit structures and throwing the industry into turmoil. Jan 02, · About this book The credit derivatives industry has come under close scrutiny over the past few years, with the recent financial crisis highlighting the instability of a number of credit structures and throwing the industry into turmoil. May 10, · Rather than presenting highly technical explorations, this book on credit derivatives offers summaries of major subjects and the principal perspectives associated with them, including new chapters that have become commonplace as a result of the financial academyrealtor.com by:
Divided into two parts, part one of this book covers single-name credit derivatives. Reflecting its importance as the building block for most other credit derivatives, the mechanics of the credit default swap (CDS) are covered in considerable detail. A chapter is Cited by: In addition to publishing papers on the pricing of credit risk and related topics, Jon is author of the book Counterparty Credit Risk The New Challenge for the Global Financial Markets published by Wiley Finance in December (now in its third edition) and Central Counterparties: Mandatory Central Clearing and Bilateral Margin Requirements for OTC Derivatives.1/5. Credit Derivatives Handbook December, 8 2. The credit default swap The credit default swap (CDS) is the cornerstone of the credit derivatives market. A credit default swap is an agreement between two parties to exchange the credit risk of an issuer (reference entity). The buyer of the credit default swap is said to buy protection. debt seniority levels and so on, credit derivatives are creating enormous opportunities to exploit and profit from associated discontinuities in the pricing of credit risk”. With such intense and rapid product development Risk Publications is delighted to introduce the first Guide to Credit Derivatives, a joint project with J.P. Morgan, a.
Credit derivatives are bilateral financial contracts that transfer credit-default risks from one counterparty to the other. Credit-spread risk is the excess premium, over and above government or risk-free risk, required by the market for taking on a certain assumed credit exposure. The second edition of An Introduction to Credit Derivatives provides a broad introduction to products and a marketplace that have changed significantly since the financial crisis of Author Moorad Choudhry gives a practitioner's perspective on credit derivative instruments and the risks they involve in a succinct style without sacrificing technical details and scientific precision. A credit derivative is a financial asset that allows parties to handle their exposure to risk. Credit derivative consisting of a privately held, negotiable bilateral contract between two parties in a creditor/debtor relationship. It allows the creditor to transfer the risk of the debtor's default to a third party. Kothari, an undisputed expert in credit derivatives, explains the subject matter using easy-to-understand terms, presents it in a logical structure, demystifies the technical jargons and blends them into a cohesive whole. This revised book will also include the following: New credit derivative definitions.