Understanding Credit Derivatives and Related Instruments

Business & Finance, Finance & Investing, Banks & Banking, Investments & Securities
Cover of the book Understanding Credit Derivatives and Related Instruments by Antulio N. Bomfim, Elsevier Science
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart
Author: Antulio N. Bomfim ISBN: 9780128004906
Publisher: Elsevier Science Publication: November 23, 2015
Imprint: Academic Press Language: English
Author: Antulio N. Bomfim
ISBN: 9780128004906
Publisher: Elsevier Science
Publication: November 23, 2015
Imprint: Academic Press
Language: English

Understanding Credit Derivatives and Related Instruments, Second Edition is an intuitive, rigorous overview that links the practices of valuing and trading credit derivatives with academic theory. Rather than presenting highly technical explorations, the book offers summaries of major subjects and the principal perspectives associated with them.

The book's centerpiece is pricing and valuation issues, especially valuation tools and their uses in credit models. Five new chapters cover practices that have become commonplace as a result of the 2008 financial crisis, including standardized premiums and upfront payments. Analyses of regulatory responses to the crisis for the credit derivatives market (Basel III, Dodd-Frank, etc.) include all the necessary statistical and mathematical background for readers to easily follow the pricing topics.

Every reader familiar with mid-level mathematics who wants to understand the functioning of the derivatives markets (in both practical and academic contexts) can fully satisfy his or her interests with the comprehensive assessments in this book.

  • Explores the role that credit derivatives played during the economic crisis, both as hedging instruments and as vehicles that potentially magnified losses for some investors
  • Comprehensive overview of single-name and multi-name credit derivatives in terms of market specifications, pricing techniques, and regulatory treatment
  • Updated edition uses current market statistics (market size, market participants, and uses of credit derivatives), covers the application of CDS technology to other asset classes (CMBX, ABX, etc.), and expands the treatment of individual instruments to cover index products, and more
View on Amazon View on AbeBooks View on Kobo View on B.Depository View on eBay View on Walmart

Understanding Credit Derivatives and Related Instruments, Second Edition is an intuitive, rigorous overview that links the practices of valuing and trading credit derivatives with academic theory. Rather than presenting highly technical explorations, the book offers summaries of major subjects and the principal perspectives associated with them.

The book's centerpiece is pricing and valuation issues, especially valuation tools and their uses in credit models. Five new chapters cover practices that have become commonplace as a result of the 2008 financial crisis, including standardized premiums and upfront payments. Analyses of regulatory responses to the crisis for the credit derivatives market (Basel III, Dodd-Frank, etc.) include all the necessary statistical and mathematical background for readers to easily follow the pricing topics.

Every reader familiar with mid-level mathematics who wants to understand the functioning of the derivatives markets (in both practical and academic contexts) can fully satisfy his or her interests with the comprehensive assessments in this book.

More books from Elsevier Science

Cover of the book Advances in Agronomy by Antulio N. Bomfim
Cover of the book Basic Medical Endocrinology by Antulio N. Bomfim
Cover of the book Genetic Diagnosis of Endocrine Disorders by Antulio N. Bomfim
Cover of the book Dopamine by Antulio N. Bomfim
Cover of the book Chitosan Based Biomaterials Volume 1 by Antulio N. Bomfim
Cover of the book Preservation and Shelf Life Extension by Antulio N. Bomfim
Cover of the book The Microbiology of Central Nervous System Infections by Antulio N. Bomfim
Cover of the book Artificial Intelligence for the Internet of Everything by Antulio N. Bomfim
Cover of the book Composition and Properties of Drilling and Completion Fluids by Antulio N. Bomfim
Cover of the book Handbook of Molded Part Shrinkage and Warpage by Antulio N. Bomfim
Cover of the book Waterborne Pathogens by Antulio N. Bomfim
Cover of the book Hidden Semi-Markov Models by Antulio N. Bomfim
Cover of the book Renewable Energy by Antulio N. Bomfim
Cover of the book Mathematical Methods for Physicists by Antulio N. Bomfim
Cover of the book Mission-Critical and Safety-Critical Systems Handbook by Antulio N. Bomfim
We use our own "cookies" and third party cookies to improve services and to see statistical information. By using this website, you agree to our Privacy Policy