CHARACTERISTICS OF CREDIT DEFAULT SWAPS AND DEVELOPMENT OF 5 YEAR CDS PRICES OF PORTUGAL AND SELECTED COUNTRIES
CHARACTERISTICS OF CREDIT DEFAULT SWAPS AND DEVELOPMENT OF 5 YEAR CDS PRICES OF PORTUGAL AND SELECTED COUNTRIES
Author(s): Emília Zimková, Ľubomír PinterSubject(s): Economy
Published by: Editura Universităţii Vasile Goldiş
Keywords: credit; financial market; debt
Summary/Abstract: In the article we will try to define a credit default swap (CDS), while paying attention to the comparison of CDS with the insurance product. In the next section we will describe the developments in 5 year CDS prices of selected countries, with particular focus on Portugal. Also, we will realize a comparison of CDS and we will point out the development in prices of 5Y CDS in 2012, as well as their practical interpretation.
Journal: Studia Universitatis Vasile Goldiş, Arad - Seria Ştiinţe Economice
- Issue Year: 22/2012
- Issue No: 1+2
- Page Range: 57-62
- Page Count: 6
- Language: English