Mark J. Anson, Frank J. Fabozzi, Moorad Choudhry, Ren-Raw Chen

Credit Derivatives: Instruments, Applications, and Pricing

Издательство: John Wiley and Sons, Ltd, 2004 г.
978-0-471-46600-0, 0-471-46600-X
Книгопечатная продукция
Объем: 344 стр.

Credit derivatives are the newest entrant to the world of derivatives-and they have quickly become one of the fastest-growing areas of interest in global derivatives and risk management. Credit Derivatives: Instruments, Applications, and Pricing provides an in-depth explanation of this risk management tool, which has been increasingly used to manage credit risk in banking and capital markets.
In this comprehensive text, Mark J.P. Anson, Frank J. Fabozzi, Moorad Choudhry, and Ren-Raw Chen cover everything, from the basics of why credit risk is important, to accounting and tax implications of credit derivatives.
Key topics discussed in this essential guidebook include:
Types of credit risk
Credit default swaps
Credit-linked notes
Synthetic collateralized debt obligation structures
Credit risk modeling: structural models and reduced form models
Options and forwards on credit-related spread products
Pricing of credit default swaps
Using Bloomberg screens, illustrative examples, basic investment theory, and mathematics, Credit Derivatives covers the real-world practice and applications of credit derivatives products.

Посмотрите также...

Institutional Investors

One of the most important recent developments in financial markets is the institutionalization of saving associated with the growth of pension funds, life insurance companies, and mutual funds. An increasing proportion of household saving is now ......

Politics and Economic Policy in the United States

Politics and Economic Policy in the United States, Second Edition, provides students with comprehensive knowledge of the field. Written with the student in mind, this text is organized logically and includes examples on how economic policy ......

Technology and the Regulation of Financial Markets, Securities, Futures, and Banking

This is a reprint of a previously published work. It deals with how emerging technologies have affected financial markets and their regualtion....

Damodaran on Valuation, Study Guide: Security Analysis for Investment and Corporate Finance

Damondaran on Valuation will not only convince you of the vitality of the many valuation models available to you, it will help ensure that you develop the acumen needed to select the right model for any valuation scenario. Written by a gifted ......

Robustness

The standard theory of decision making under uncertainty advises the decision maker to form a statistical model linking outcomes to decisions and then to choose the optimal distribution of outcomes. This assumes that the decision maker trusts ......

The Globalization and Development Reader: Perspectives on Development and Global Change

How is globalization changing people`s lives in the world`s poor and wealthy nations? Is globalization an unstoppable force or can it be actively reshaped? Are emerging global trade rules helping or hindering poor nations in their efforts at ......

Handbook of Macroeconomics: Volume 1B

This text aims to provide a survey of the state of knowledge in the broad area that includes the theories and facts of economic growth and economic fluctuations, as well as the consequences of monetary and fiscal policies for general economic ......

International Economic Sanctions: Improving the Haphazard U.S. Legal Regime

This is a comprehensive analysis of the myriad US laws for imposing economic sanctions for foreign policy reasons. Against a broad range of target countries, the United States has resorted increasingly to a variety of economic pressures as a ......

The Image of Success: Make a Great Impression and Land the Job You Want

Fair or not, assumptions about our intelligence, abilities, sophistication, performance, and pedigree are routinely made based on the image we project. In The Image of Success, sought-after career and image coach Lizandra Vega offers job seekers ......

A Documentary History of American Industrial Society: Plantation and Frontier

This is an EXACT reproduction of a book published before 1923. This IS NOT an OCR`d book with strange characters, introduced typographical errors, and jumbled words. This book may have occasional imperfections such as missing or blurred pages, ......

О чем думают экономисты. Беседы с нобелевскими лауреатами

В книгу вошли беседы с выдающимися умами современной экономической науки. Такие имена, как Пол Самуэльсон, Василий Леонтьев, Милтон Фридман, Роберт Лукас и другие, не требуют особого представления. Книга дает уникальную возможность узнать мнение ......

Derivatives Demystified: A Step-by-Step Guide to Forwards, Futures, Swaps and Options

Derivatives are everywhere in the modern world. They are constantly discussed (and sometimes vilified). It is now more important than ever for participants in the banking, investment and finance sectors to fully understand the building blocks, ......

The Ten Trillion Dollar Gamble: The Coming Deficit Debacle and How to Invest Now

Russ Koesterich is Global Head of Investment Strategy for BlackRock Scientific Active Equities. He previously served as Senior Portfolio Manager in the US Market Neutral Group for Barclays Global Investors. Koesterich is the author of The ETF ......

Dictionary of Economics

This authoritative and comprehensive dictionary contains clear, concise definitions of over 3400 key economic terms, covering all aspects of the field, including economic theory, applied microeconomics and macroeconomics, labor economics, public ......