Credit Derivatives

  • Carlos Oliveira
Chapter

Abstract

A credit derivative is a financial contract that aims at reducing credit risk—that is, the risk of default posed by contracts established with a business counterparty. These kinds of derivatives have become increasingly popular in the last decade, because they allow the hedging of complex financial positions even in industries that are not covered by mainstream markets.

Keywords

Interest Rate Credit Risk Term Structure Credit Default Swap Implied Volatility 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Copyright information

© Carlos Oliveira 2016

Authors and Affiliations

  • Carlos Oliveira
    • 1
  1. 1.Monmouth JunctionUSA

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