THE CREDIT DEFAULT SWAP BASICS

Detail information of 'The Credit Default Swap Basis'
	Title: The Credit Default Swap Basis Author: Moorad Choudhry Publisher: Bloomberg Press Category: Business Studies Subject: Banking Viewed: 43 Posted: Friday, April-18-2008, 01:16:11 PM Post by: (Hasan Rudro)
The credit default swap basis (the basis) defines the relationship between the cash and synthetic credit markets. Finance professionals need to understand the drivers of the basis in order to better undertake investment and relative value analysis. In this book Moorad Choudhry, a market practioner who has published widely in the field of credit derivatives, explores the three most important aspects of the basis: why synthetic and cash prices differ, how to measure the basis, and how to trade the basis. This book offers invaluable market insight to all professionals seeking a deeper understanding of credit derivatives and fixed-income securities. click here to download the book