By
Moorad Choudhry, Head of Treasury, KBC Financial Products (UK) Limited
Moorad Choudhry, Head of Treasury, KBC Financial Products (UK) Limited
Description
In a relatively short time credit derivatives have grown to become one of the largest and most important segment of the financial markets,
with deal volumes now in trillions of dollars. They have become an important tool for banks, financial institutions and corporates who
desire greater flexibility in managing their credit risk and economic capital. This book is an accessible introduction to the various
types of credit derivative instruments traded in the markets today. All products are described with the help of worked examples and Bloomberg
screens, and the reader will be left with a thorough familiarity with the nature of credit risk and credit products generally. Topics
covered include:
* Credit risk
* Unfunded credit derivatives
* Funded credit derivatives
* Credit default swap pricing
* The asset-swap
credit default swap basis
Audience:
Investment Managers/Directors, Fixed Income Securities Traders, Financial Analysts in Banks and other financial institutions that have
at least three years experience in the finance industry. The level of the books would be "professional" advanced.
