CDS DELIVERY OPTION: BETTER PRICING OF CREDIT DEFAULT SWAPS
by BOBERSKI, DAVID;
List Price: HK$ 760.00
¡@ISBN
9781576602638
¡@Subject
BUSINESS & FINANCE
¡@Publisher
BLOOMBERG PRESS
¡@Publication
2009
¡@Edition
Hardcover
¡@Version
Original
¡@Description
For traders trying to navigate the increasingly volatile credit default swap market, CDS Delivery Option provides worked-out examples, over 30 charts, a case study of Delphi, and detailed explanations of how the subprime crisis caused the credit crisis and the near collapse of the GSEs. The book includes detailed information on:
how to value a CDS contract
how to value the delivery option
how contract value changes when the yield curve flattens or becomes steeper
how contract value changes with bullish or bearish market moves
how to figure out when to buy protection and when to sell protection
