The Credit Default Swap Basis

The Credit Default Swap Basis

• Used Book in Good Condition

The growth of the credit derivatives market has meant that credit default swaps (CDSs) have been playing a big part in the credit market situation. An understanding of how these instruments work and what they can, and cannot, offer is vital to knowing how to best use them. <p>This book investigates the close relationship between the synthetic and cash markets in credit, which manifests in the credit default swap basis. Choudhry covers:</p> <ul> <li>factors that drive the basis</li> <li>implications for market participants</li> <li>the CDS index basis</li> <li>trading the basis</li> </ul> <p>Credit market investors and traders as well as anyone with an interest in the global debt markets will find <i>The Credit Default Swap Basis</i> insightful and rewarding.</p>