CREDIT DERIVATIVE AND ITS USE IN THE BANKING INDUSTRY

The credit derivative market has emerged as one of the most dynamic and innovative sectors of the global financial system, so now the credit derivatives are generating a lot of interest within the financial community. Simply put, credit derivative contracts are financial instruments that transfer be...

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Main Author: Nagda, Deshna
Format: Dissertation (University of Nottingham only)
Language:English
Published: 2008
Online Access:https://eprints.nottingham.ac.uk/22482/
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author Nagda, Deshna
author_facet Nagda, Deshna
author_sort Nagda, Deshna
building Nottingham Research Data Repository
collection Online Access
description The credit derivative market has emerged as one of the most dynamic and innovative sectors of the global financial system, so now the credit derivatives are generating a lot of interest within the financial community. Simply put, credit derivative contracts are financial instruments that transfer between two parties the risk and return characteristics of a credit-risky reference asset. As with other derivatives, credit derivative can be used to either take more risk or hedge it; hence various credit derivatives instruments are accepted and widely used by market participants such as banks, insurance companies, etc. This paper aims to provide a general insight into the use of credit derivative in banking industry.
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spelling nottingham-224822018-02-16T05:51:15Z https://eprints.nottingham.ac.uk/22482/ CREDIT DERIVATIVE AND ITS USE IN THE BANKING INDUSTRY Nagda, Deshna The credit derivative market has emerged as one of the most dynamic and innovative sectors of the global financial system, so now the credit derivatives are generating a lot of interest within the financial community. Simply put, credit derivative contracts are financial instruments that transfer between two parties the risk and return characteristics of a credit-risky reference asset. As with other derivatives, credit derivative can be used to either take more risk or hedge it; hence various credit derivatives instruments are accepted and widely used by market participants such as banks, insurance companies, etc. This paper aims to provide a general insight into the use of credit derivative in banking industry. 2008 Dissertation (University of Nottingham only) NonPeerReviewed application/pdf en https://eprints.nottingham.ac.uk/22482/1/08MBAlixdn5.pdf Nagda, Deshna (2008) CREDIT DERIVATIVE AND ITS USE IN THE BANKING INDUSTRY. [Dissertation (University of Nottingham only)] (Unpublished)
spellingShingle Nagda, Deshna
CREDIT DERIVATIVE AND ITS USE IN THE BANKING INDUSTRY
title CREDIT DERIVATIVE AND ITS USE IN THE BANKING INDUSTRY
title_full CREDIT DERIVATIVE AND ITS USE IN THE BANKING INDUSTRY
title_fullStr CREDIT DERIVATIVE AND ITS USE IN THE BANKING INDUSTRY
title_full_unstemmed CREDIT DERIVATIVE AND ITS USE IN THE BANKING INDUSTRY
title_short CREDIT DERIVATIVE AND ITS USE IN THE BANKING INDUSTRY
title_sort credit derivative and its use in the banking industry
url https://eprints.nottingham.ac.uk/22482/