Articles and materials on credit derivatives

Articles and materials on credit derivatives

Recent additions

Added 17th Oct 2011

Index by Topic

General write-ups

Credit derivatives and risks

[Also see our page on financial system risks]

Risk management by credit derivatives

Legal and regulatory

Types of derivatives

Pricing of credit derivatives

Investment in credit derivative products

Trading in credit derivative products

Credit derivatives versus cash bonds

Credit default swaps in Italian context

More links

Articles on this site:

Credit Derivatives Move Beyond Plain Vanilla by Sunil K. Aggrawal

An extensive coverage of the whole concept of credit derivatives and credit derivative market.

Articles on other sites:

Credit Derivatives: Implications for Bank Portfolio Management by Charles Smithson and Gregory Hayt

Credit Derivatives: How much should they cost?: A very easy-to-read article by Jessica James published in Risk magazine in October 1999.

Credit Derivatives in Next 5 years: In 1997, Derivatives Strategy asked this to credit derivatives professionals. It is interesting to see the predictions then made in light of the reality.

Roundtable on Credit DerivativesCelebrities in credit derivatives and credit risk participated in a Roundtable discussion on Credit Derivatives sponsored by Chase Securities Inc. and Moody’s Investors Service held November 30, 1999. The excerpts were published in Derivatives Strategy

Credit Derivatives 2000: Legal and Regulatory Update By: Conrad G. Bahlke and Paul N. Watterson. This is a very detailed article on the current legal and regulatory issues in credit derivatives and is an updated version of the authors' earlier article.

Hedging closer to happiness: This is an article in Freddie Mac's publication Secondary Mortgage Markets. The file will open with Adobe Acrobat ReaderClick here to access

Credit derivatives supplement in Derivatives Strategy In June 1997, the journal carried a supplement with several articles on credit derivatives. Click here to access

Credit derivatives: New methods for risk management, Australian CPA, March, 2000 
Not on the web – this article by Natasha Beck discusses various types of credit derivatives with special reference to Australia.

Credit Derivatives: A Look at the Market, Its Evolution and Current Size 
Class note on CIBC school Of financial products by Charles Smithson, Hal Holappa, and Shaun Rai, Risk, June 1996

Corporate Uses for Credit Derivatives: 
The corporate perspective on managing credit risk with derivatives.

Article by Don Chance on Credit Derivatives (in PDF format):

Credit risk and regulatory capital paper (PDF file)

Credit derivatives aren't just for banks anymore, but the new instruments aren't without their own faults.
BY Simon Boughey & Christopher Watts

Article on total return swaps by Jessica James: