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What is Sovereign Credit Default Swap Premia about?

This paper reviews the literature on sovereign credit default swap (CDS) premia, discussing their determinants, market dynamics, and implications for public bonds. It highlights the growth of the sovereign CDS market, its key characteristics, and the role of various market participants, emphasizing the need for informed regulation. The paper aims to provide insights for academics, policymakers, and practitioners regarding the complexities and controversies surrounding sovereign CDS trading.

Author

Beytullah ONAT

Language

EN