Credit Derivatives: Techniques to Manage Credit Risk for Financial Professionals

by Erik Banks, Paul Siegel, Morton Glantz

Credit Derivatives explains the major types of credit derivatives and their unique features, illustrating how they work in the real world through numerous examples. You will learn the key skill of pricing credit derivatives and the factors that must be taken into account, including time to maturity, probability of default, and expected recovery value.

304 pages, Hardcover

First published January 1, 2006

Reviews

[A · Rating 4 out of 5]

solid grounding in all areas of CDS - has a math primer.
Would have been helpful if there were more examples of trades