Credit Default Swap – Page 6

Notice: Undefined variable: myString in /hermes/bosnacweb04/bosnacweb04ai/b1550/ipg.lantanasolutionsbh98965/fincyclopedia/wp-content/themes/independent/tag.php on line 49

PAUG CDS

It also stands for pay-as-you-go CDS. A credit default swap (CDS) transaction which has as underlying a bond such as...

Long Credit Default Swap

Buying a credit default swap (CDS); a long position in a credit default swap (CDS). It is equivalent to shorting...

CLCD

It stands for credit-linked certificate of deposit; a credit-linked hybrid that combines a deposit (certificate of deposit, CD) with a...

Credit-Linked Certificate of Deposit

A credit-linked hybrid that combines a deposit (certificate of deposit, CD) with a credit default swap that the investor (depositor)...

Debt Value Adjustment

It is a type of cross valuation adjustment/ x-value adjustment (XVA) that takes out the effects of changes in the...

PECS Basis

The difference between the CDS spread and par equivalent CDS spread: PECS basis = CDS spread - PECS It captures...

Digital Credit Default Swap

Unlike standard credit default swaps which require a valuation following a credit event (usually default), digital swaps simply specify payment...

Zero Recovery CDS

A credit default swap (CDS) that automatically terminates with one counterparty of which having to make no further payments if...

Dynamic Credit Default Swap

A credit default swap (CDS) which links the notional amount, on which the swap payoff is based, to the daily...

Nth-To-Default Swap

A credit default swap (CDS) whereby the protection buyer makes a payment to the protection buyer only after the Nth...