A credit default basket option in which the holder receives a cash settlement payment once a credit event occurs, in relation to one of the basket components. In other words, occurrence of the first credit event entails one-off cash settlement, after which the single payout credit default basket option expires.
Notice: Undefined variable: myString in /hermes/bosnacweb04/bosnacweb04ai/b1550/ipg.lantanasolutionsbh98965/fincyclopedia/wp-content/themes/independent/template-parts/post/content-single.php on line 41
Comments