Credit Derivatives

Credit Derivatives

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The market for credit derivatives--financial instruments designed to transfer credit risk from one party to another--has grown exponentially in recent years, with volume expected to reach more than $4.8 trillion by 2004. With demand increasing from the private sector for finance professionals trained in the opportunities--and dangers--inherent in this fast-changing market, finance courses are already springing up to meet this need. Credit Derivatives: Explains the field of credit derivatives to business students with a background in finance Cites real-world examples throughout, reinforced by end-of-chapter questions and internet links to pricing models Provides a concise overview of the field that is ideal for instructors seeking to supplement traditional derivatives course material, as well as those looking to offer a stand-alone course on credit derivatives.There are basically three types of credit-spread products: credit-spread options, credit-spread for- wards, and credit-spread swaps. If an investor wants to ... Hull, J., Options, Futures, and Other Derivatives, 5th edn, Prentice Hall, 2002. ISDA: Definitions ... Answers, available for instructors, are on the Internet. Please email anbsp;...

Title:Credit Derivatives
Author:Gunter Meissner
Publisher:John Wiley & Sons - 2009-02-04


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