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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The first ETF from the Tabula product series expands our range of bond ETFs with additional access to the credit default swap market, says Martin Reck, Managing Director Cash Market at Deutsche Brse.
announced that ICE Clear Credit, ICE's U.S.-based credit default swap (CDS) clearing house, has been granted Recognised Clearing House status from the Monetary Authority of Singapore with effect from December 7, 2018.
The credit default swap (CDS) premium for South Korean foreign exchange stabilization bonds with a five-year maturity reached 42 basis points as of Friday, according to the data by the Korea Center for International Finance.
Kamakura is repelled by the corruption and market manipulation that the largest financial institutions have been fined for, ranging from "Liebor" to gold to the credit default swap market.
UK-based financial information services company Markit (NASDAQ: MRKT) has acquired the credit default swap pricing service of US-based financial information provider Fitch Solutions, the company said.
"Credit default swap rates are coming down significantly from December," Seetharaman said in his office in the Qatari capital.
Financial dictionary: CDS (Credit Default Swap) What are they?
Credit default swap indices are benchmarks used for the insurance of bonds against payment default.
A credit default swap index based on municipal debt showed a modest deterioration in perceptions of municipal credit quality in the second quarter, widening from 150 basis points at the end of March to 176 basis points at the end of the June, according to data provider Markit.
A credit default swap is a contract under which the seller agrees to pay the purchaser if a negative event befalls a debt instrument; in return, the purchaser agrees to pay the seller a percentage of the payout either up front or over time.
1256(b)(2) to provide that no "interest rate swap, currency swap, basis swap, interest rate cap, interest rate floor, commodity swap, equity swap, equity index swap, credit default swap, or similar agreement" would be treated as a Sec.
That measure is the credit default swap (CDS) "spread"--the fee changed by investors who agree to pay the face value of a loan instrument in the event of a default.

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