May 1, 2024
3 minute read
Credit Default Swaps (CDS) are financial instruments that allow investors to hedge against the risk of default on a loan or bond. CDSs are designed to transfer the credit risk of a borrower to a third party, such as an insurance company or investment bank, in exchange for a premium. The buyer of a CDS pays regular premiums to the seller, and in the event that the borrower defaults, the seller is obligated to pay the buyer the face value of the CDS.
Why Learn About Credit Default Swaps?
57dfo9|
Find a path to becoming a Credit Default Swaps. Learn more at:
OpenCourser.com/topic/57dfo9/credit
Reading list
We've selected four books
that we think will supplement your
learning. Use these to
develop background knowledge, enrich your coursework, and gain a
deeper understanding of the topics covered in
Credit Default Swaps.
Provides a comprehensive overview of credit risk, including credit default swaps. It is suitable for professionals and students.
Covers a wide range of topics in credit risk, including credit default swaps. It valuable resource for professionals and students.
Covers a wide range of topics in credit risk and credit derivatives, including credit default swaps. It is suitable for professionals and students.
Covers advanced topics in credit derivatives, including exotic credit default swaps. It is suitable for experienced professionals and researchers.
For more information about how these books relate to this course, visit:
OpenCourser.com/topic/57dfo9/credit