Credit derivatives and structured credit a guide for investors
Over the past decade, credit derivatives have emerged as the key financial innovation in global capital markets. At end 2004, the market size hit 6.4 billion (in notional amounts) from virtually nothing in 1995. This rise has been spurred by the imperative for banks to better manage their risks, not...
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| Format: | eBook |
| Language: | English |
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Chichester, England
John Wiley & Sons
2006
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| Series: | Finance professional collection
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| Collection: | O'Reilly - Collection details see MPG.ReNa |
| Summary: | Over the past decade, credit derivatives have emerged as the key financial innovation in global capital markets. At end 2004, the market size hit 6.4 billion (in notional amounts) from virtually nothing in 1995. This rise has been spurred by the imperative for banks to better manage their risks, not least credit risks, and the appetite shown by institutional investors and hedge funds for innovative, high yielding structured investment products. As a result, growth in collateralized debt obligations and other second-generation products, such as credit indices, is currently phenomenal. It is ena |
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| Item Description: | Master and use copy. Digital master created according to Benchmark for Faithful Digital Reproductions of Monographs and Serials, Version 1. Digital Library Federation, December 2002 |
| Physical Description: | xiii, 279 pages illustrations |
| ISBN: | 9780470026236 0470026235 |