这道题没有看到问的是什么

问题如下：

Credit default swaps helped transfer credit risk in the loan book, but also generated new of a systemic nature?

选项：

A.

credit spread risk

B.

counterparty credit risk

C.

interest rate risk

D.

None of the above

解释：

B Counterparty credit risk
Even prior to the 2007–2009 financial crisis, regulators
were concerned about the relatively small number of
liquidity providers in the credit derivatives markets. They
feared this nascent market could face systemic disruption
if any of the major participants were to experience distress
(in isolation or in concert).

中文解析：

即便在2007-2009年金融危机之前，监管机构也会担心信贷衍生品市场上的流动性提供者数量相对较少。他们担心，如果任何一个主要参与者(单独或共同)遭遇困境，这个新兴市场可能面临系统性破坏。