Establishes a price for the given default risk of a security and transfers the risk to a new buyer. Securities have risk levels and their prices are relative to the amount of their default risk. Extremely sensitive to market and individual company fluctuations.
Related information about credit default contract:
- Credit Default Contract Definition | Investopedia
Security with a risk level and pricing based on the risk of credit default by one or more underlying security issuers. Credit default contracts include credit default ...
- Greece debt crisis triggers massive credit default contract swap ...
Mar 10, 2012 ... March 10, 2012 – GREECE - It's for real this time. The International Swaps and Derivatives Association determined today that Greece's bond ...
- What is credit default contract? definition and meaning
Definition of credit default contract: Establishes a price for the given default risk of a security and transfers the risk to a new buyer. Securities have risk levels and ...
- Insurance Glossary - Credit Default Contract
What does Credit Default Contract mean? Credit default contracts comprise a variety of other types of contracts like the credit default swap ones, the credit ...
- Janet Tavakoli: Greece and Credit Default Swaps: Bucking the ISDA ...
Mar 3, 2012 ... Greek Default Provides Temporary Relief As EU Crisis Marches On - Forbes · Greece debt crisis triggers massive credit default contract swap ...
- What exactly are credit default swaps? - Houston Chronicle
Oct 8, 2008 ... When that security turns sour, whoever is holding the credit default contract — whether they actually own the security or not — can demand ...
- IAS 39/IFRS 4 – Financial guarantee contracts and credit insurance ...
These contracts can have various legal forms, such as that of a financial guarantee, letter of credit, credit default contract or insurance contract. Some financial ...
- Credit - Laying down the ground rules
The controversy dated back to Railtrack's default in October 2001 that, Nomura insisted, qualified as an 'event' triggering payment on a credit default contract ...