Swapy odmowy zapłaty
Credit default swaps
Author(s): Błażej PrusakSubject(s): National Economy, Supranational / Global Economy, Financial Markets, Socio-Economic Research
Published by: Wyższa Szkoła Informatyki i Zarządzania z siedzibą w Rzeszowie
Keywords: credit derivatives; credit default swaps; financial crisis; credit risk; derivative instruments; risk management;
Summary/Abstract: Up until the year 2008 the credit derivatives market had been skyrocketing. Unfortunately in the year 2008 it turned out that credit derivatives were the cause of a worldwide financial crisis. One of the most popular and useful credit derivatives is the credit default swap which is presented in this paper. The author describes CDS transactions and shows forms of this product. Moreover the advantages and disadvantages of this derivative are depicted.
Journal: Financial Internet Quarterly
- Issue Year: 5/2009
- Issue No: 1
- Page Range: 1-8
- Page Count: 8
- Language: Polish
