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3:16
financestrategists.com
Credit Default Swap (CDS) | Definition, How It Works, Example
Credit Default Swaps (CDS) are financial derivatives which transfer the risk of default to another party in exchange for fixed payments. It can be thought of as a form of insurance for issuers of loans. A “credit default” is a default or inability to pay back a loan. The “swapping” takes place when an investor “swaps” their risk of ...
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Aug 19, 2021
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