About this document
CDS Pricing and Credit Exposure Strategies by Raj kumar Bagchi is a document available to read on EtoBox.
The document explains the principles of pricing Credit Default Swaps (CDS), focusing on the valuation determined by the present values of the protection and premium legs. It also discusses strategies for managing credit exposures, including naked CDS positions, long/short trades, and curve trades based on expectations of credit quality changes. The document emphasizes the relationship between CDS spreads, duration, and notional amounts in determining profit and pricing changes.
- Author
- Raj kumar Bagchi
- Language
- EN