Practical Credit Derivatives Products (Credit Risk Management)

Author: Neil Ken (USA), translated by Zhang Yunfeng et al.
Publisher:
Publishing Date: 2002-01-01
Features: The field of derivative products is constantly evolving, encompassing not only securities, commodities, and interest rates but even weather! However, before the emergence of credit derivatives, any attempt to separate the credit risk of bonds or loans from their interest rate risk, market risk, or other risks was, to say the least, extremely difficult.