Credit Derivatives

1st Edition
0071661352 · 9780071661355
After reading this book, readers will be able to: Identify product consideration and borrower characteristics Understand expected vs. unexpected losses Evaluate the probability of default Determine the probability of a spread increase
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Part I: Credit Derivative Products and Applications

1: An Introduction to Credit DDerivatives

2: Fundamental Credit Derivative Products

3: Structured and Synthetic Credit Products

4: An Overview of Credit Derivative Applications

Part II: Valuation Tools

5: A Primer on Risk Modeling

6: A Basic Credit Default Swap Model

7: Modeling Credit Default Risk

8: Portfolio Management of Default Risk

9: Ancillary Credit Risk Tools and Techniques

Part III: Regulatory, Control, and Legal Issues

10: Credit Drivative

After reading this book, readers will be able to:

Identify product consideration and borrower characteristics Understand expected vs. unexpected losses Evaluate the probability of default Determine the probability of a spread increase