Credit derivatives

Author: AndrewKasapi
Publisher:
Publish Date: 2002-06-01
Features: Financial Investment Translation Series. This book introduces the basic knowledge, new developments, and problems in the business operations of credit derivatives from a practical perspective. Starting with basic concepts such as credit spreads, defaults, and recovery amounts, it explains the concepts of credit derivatives from the perspective of users, rather than through theoretical academic methods, using mature capital market approaches. The book is easy to understand—once you know what debt is, you already have the foundation to understand credit derivatives.