A credit spread that constitutes an amortized premium for a default-based product (such as a credit default swap, credit option,...
Generally speaking, it is the possibility that firms or individuals would fail to honor their contractual obligations on their borrowed...
An abbreviation for moving average barrier option; a barrier option which has a regular European option payoff, but is triggered...
A barrier option which has a regular European option payoff, but is triggered when the moving average underlying price breaches/...
An abbreviation for moving average barrier option; a barrier option which has a regular European option payoff, but is triggered...
An option strategy (also a covered put) whereby an investor, holding a long position in stock, purchases a put on...
A credit spread option which gives the holder the right, but not the obligation, to sell a defaultable reference bond...
The amount of interest paid annually on a bond or note expressed as a percentage of its face or par...
The use of financial instruments to eliminate or mitigate credit and default risks posed by borrowers or issuers of debt...
A negotiable contract between two parties (bilateral always) that allows them to manage their credit risk by using a derivative...