cds是属于forward commitment中的swap还是contigent claims中的credit derivatives呢?
丹丹_品职答疑助手 · 2020年10月04日
嗨,爱思考的PZer你好:
同学你好,你可能还是对cds的概念理解不深刻,
A credit default swap is a derivative contract between two parties, a credit
protection buyer and a credit protection seller, in which the buyer makes a
series of cash payments to the seller and receives a promise of compensation
for credit losses resulting from the default of a third party.
如果应该要理解,可以理解为contigent claims,就是一旦发生了规定的信用事件,卖出cds的一方会支付损失款项给买方,如果不发生则不用支付。而买方要定期支付款项。
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