Credit Default Swap
- It is an example of a credit derivative transaction where credit protection is bought and sold.
- In a Credit Default Swap (CDS), one party agrees to pay another party periodic fixed payments in exchange for receiving ‘credit event protection’, in the form of a payment, in the event that a third party or its obligations are subject to one or more pre-agreed adverse credit events over a pre-agreed time period.
- Typical credit events include bankruptcy, failure to pay, obligation acceleration, restructuring, and ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
News Snippets
- 1 Regional Power Conference with North Eastern States
- 2 President Droupadi Murmu Visits Slovakia
- 3 Cabinet Committee on Security (CCS)
- 4 India VIX
- 5 SAARC Visa Exemption Scheme
- 6 DigiLocker
- 7 SEFCO-2025
- 8 Goods and Services Tax Appellate Tribunal (GSTAT)
- 9 Index of Industrial Production (IIP)
- 10 Tax Collected at Source
