An Introduction to Credit Derivatives,
Edition 1
By Moorad Choudhry

Publication Date: 08 Jun 2004
In a relatively short time credit derivatives have grown to become one of the largest and most important segment of the financial markets, with deal volumes now in trillions of dollars. They have become an important tool for banks, financial institutions and corporates who desire greater flexibility in managing their credit risk and economic capital. This book is an accessible introduction to the various types of credit derivative instruments traded in the markets today. All products are described with the help of worked examples and Bloomberg screens, and the reader will be left with a thorough familiarity with the nature of credit risk and credit products generally. Topics covered include:* Credit risk* Unfunded credit derivatives* Funded credit derivatives* Credit default swap pricing* The asset-swap credit default swap basis

Key Features

* Accessible account of major segment of financial markets* Describes instruments and applications* Integrates credit risk with credit derivatives
About the author
By Moorad Choudhry, Chief Executive Officer, Habib Bank Zurich PLC and Visiting Professor at the Department of Mathematical Sciences, Brunel University.
Table of Contents
Credit risk; Credit Derivatives I; Credit Derivatives II; Credit Derivatives III: basic applications; Pricing; CDS pricing; The CDS-ASW basis.
Book details
ISBN: 9780750662628
Page Count: 128
Retail Price : £60.99
Prisman, PRICING DERIVATIVE SECURITIES (2000, 110.00 (USD) 67.95 (GBP), ISBN: 0125649150)Eales & Choudhry, DERIVATIVE INSTRUMENTS (2003, 94.95 (USD) 50.00 (GBP), ISBN: 0750654198)
Investment Managers/Directors, Fixed Income Securities Traders, Financial Analysts in Banks and other financial institutions that have at least three years experience in the finance industry. The level of the books would be "professional" advanced.