Covering your credit risk

instruments - cds

A credit default swap (CDS) is a contract where one party (the credit protection buyer) pays the other (the credit protection seller) a fixed periodic coupon for the life of the contract.

The party paying the premium is effectively buying insurance against specific credit events on an agreed reference entity. Credit events are usually defined to include default, bankruptcy or debt restructuring for a specified reference asset. If such a credit event occurs, the party receiving the premium mak

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: