A Practical Guide to the 2003 ISDA Credit Derivatives Definitions
Publisher: Euromoney Institutional Investor
Published: August 2004
Language: eng
Format: Paperback
Number of pages: 268
ISBN-13: 9781843741473
Subjects: Investment & securities; Reference works
First sentence: Credit derivatives are used to hedge the potential risk that borrowers might fail to repay their outstanding debt obligations (ie, their bonds or loans).