Todos os livros

Profissional

Apps Sobre Coach Entrar Começar a ler

Quantitative Finance · Glossário

O que é Credit event, determinations committee?

Também chamado de: credit event · determinations committee

Definition 23.7 Markets II: Rates, FX and Credit · Capítulo 23 — Credit Default Swaps

A credit event is one of the events listed in a CDS contract whose occurrence triggers the protection payment, such as the reference entity’s bankruptcy or failure to pay. A determinations committee (DC) is the body of dealers and investors that decides, for all standard contracts at once, whether and when a credit event has occurred and how it is settled.

Ler no capítulo →