The credit derivatives industry has come under close scrutiny over the past few years, with the recent financial crisis highlighting the instability of a number

The second edition of An Introduction to Credit Derivatives provides a broad introduction to products and a marketplace that have changed significantly since th

Fully revised and updated Here is the only comprehensive source that explains the various instruments in the market, their economic value, how to document trade

Over the past decade, credit derivatives have emerged as the key financial innovation in global capital markets. At end 2004, the market size hit $6.4 billion (

The credit derivatives market is booming and, for the first time, expanding into the banking sector which previously has had very little exposure to quantitativ