A contract between two parties in which one party purchases protection from another party against losses from the default of a borrower for a defined period of time is called:
A credit default swap (CDS) is a contract between two parties in which one party purchases protection from another party against losses from the default of a borrower for a defined period of time. A CDS is written on the debt of a third party, called the reference entity, whose relevant debt is called the reference obligation, typically a senior unsecured bond. The two parties to the CDS are the credit protection buyer, who is said to be short the reference entity’s credit, and the credit protection seller, who is said to be long the reference entity’s credit. The CDS pays off upon occurrence of a credit event, which includes bankruptcy, failure to pay, and, in some countries, involuntary restructuring.
Which of the following is used in photography?
What is the full form of WWW?
The MSF rate is pegged _____ basis points or a percentage point above the repo rate?
The Home Rule movement was an important movement during the phase of Indian National Movement.
1. It was in 1915 that Annie Besant announced her ...
With which of the following government banks has the Bharatiya Mahila Bank has merged in 2017?
Which of the following metal was not used in a special commemorative Rs 75 coin to mark the opening of the new Parliament building?
Which of the following is NOT a Kharif crop?
Which organization currently implements the Pragati Scholarship scheme for girl students pursuing diploma or degree courses in technical and engineering...
A Glacial Lake Outburst Flood (GLOF) occurred in Sikkim, leading to the breach of a glacial lake. What is the name of the glacial lake that caused this...
The principle of regarding the beliefs, values, and practices of a culture from the viewpoint of that culture itself is called