credit default swap

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credit default swap

n
finance a contract in which the parties exchange the exposure to loss should a creditor fail to make a payment when it comes due back . Abbreviation: CDS
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Summary: The prospects of a limited war between Hezbollah and Israel has increased pressure on Lebanon's Eurobonds as the county's 5-year credit default swaps (CDS) rose by 21 basis points (bps) from Tuesday's close to 1229 bps, data from IHS Markit showed.
credit and $1.3B in European credit, $689M in Chinese bonds, $19B ADV in credit derivatives representing a new monthly record for credit default swaps, $177.7B ADV in repurchase agreements and ADV of $3B in U.S.
Saudi Arabia's credit default swaps rose to 100 basis points late last week for the first time since June.
31, 2017, the portfolios invested in various sectors including cash-purchased corporate bonds and structured finance securities, credit default swaps referencing specific corporate and sovereign credits, and interest rate swaps held for purposes of generating current income, with a secondary objective of capital preservation and managing duration.
Two UBS advisory firms agreed Monday to pay $17.5 million to the Securities and Exchange Commission for failing to disclose that the UBS Willow Fund, a closed-end fund they advised, had changed its investment strategy to include risky credit default swaps.
Financial Derivatives: Futures, Forwards, Swaps, Options, Corporate Securities, and Credit Default Swaps
Five- year credit default swaps insuring Qatari debt declined nine basis points since December 1 to 57 basis points at 12:38pm in Doha, according to data provider CMA.
Proponents argue that if the credit default swaps created by American International Group (AIG) had been cleared rather than traded over the counter, the clearinghouse would have paid the capital and collateral calls of the counterparties holding credit default swaps for debt securities backed by pools of mortgages.
Javelin Capital Markets is a derivatives trade venue that focuses on the execution of interest rate swaps and credit default swaps through its subsidiaries.
All the biggest European and American banks that dominate the market for credit default swaps (CDS) have been singled out by the European Commission on suspicions of conclusion of anti-competitive agreements and abuse of dominant position.
As credit default swaps (CDS) are normally taken out on debt which has a high likelihood of failing, CDS data can be a good indicator of the level of risk in the market.